Why NASDAQ:SMCI qualifies as a CANSLIM stock.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if SUPER MICRO COMPUTER INC (NASDAQ:SMCI) is suited for growth investing. Investors should of course do their own research, but we spotted SUPER MICRO COMPUTER INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:SMCI highlighted

• The EPS of SUPER MICRO COMPUTER INC has exhibited growth from one quarter to another (Q2Q), with a 71.47% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
• The q2q revenue growth of 103.0% of SUPER MICRO COMPUTER INC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• Over the past 3 years, SUPER MICRO COMPUTER INC has demonstrated 63.99% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• SUPER MICRO COMPUTER INC has a healthy Return on Equity(ROE) of 23.8%. This demonstrates the company's efficient utilization of capital and indicates its commitment to driving profitability.
• SUPER MICRO COMPUTER INC has maintained a healthy Relative Strength (RS) over the analyzed period, with a current 99.83 rating. This demonstrates the stock's ability to outperform its peers and indicates its competitive positioning. SUPER MICRO COMPUTER INC is well-positioned for potential price growth opportunities.
• SUPER MICRO COMPUTER INC exhibits a favorable Debt-to-Equity ratio at 0.03. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
• With 67.84% of the total shares held by institutional investors, SUPER MICRO COMPUTER INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Analyzing the Technical Aspects

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

We assign a technical rating of 10 out of 10 to SMCI. Both in the recent history as in the last year, SMCI has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long and short term trends are both positive. This is looking good!
• Looking at the yearly performance, SMCI did better than 99% of all other stocks. On top of that, SMCI also shows a nice and consistent pattern of rising prices.
• SMCI is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 93% of 32 stocks in the same industry.
• SMCI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SMCI is lagging the market slightly.
• In the last month SMCI has a been trading in the 565.00 - 1077.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Check the latest full technical report of SMCI for a complete technical analysis.

What else is there to say on the fundamentals of NASDAQ:SMCI?

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Overall SMCI gets a fundamental rating of 6 out of 10. We evaluated SMCI against 32 industry peers in the Technology Hardware, Storage & Peripherals industry. SMCI scores excellent on profitability, but there are some minor concerns on its financial health. SMCI is valued quite expensively, but it does show have an excellent growth rating. This makes SMCI very considerable for growth investing!

Our latest full fundamental report of SMCI contains the most current fundamental analsysis.

Our CANSLIM screen will find you more ideas suited for growth investing.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.