Delving into NASDAQ:SMCI's Growth Prospects.

In this article we will dive into SUPER MICRO COMPUTER INC (NASDAQ:SMCI) as a possible candidate for growth investing. Investors should always do their own research, but we noticed SUPER MICRO COMPUTER INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Some of the canslim metrics of NASDAQ:SMCI highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), SUPER MICRO COMPUTER INC highlights its ability to generate increasing profitability, showcasing a 78.06% growth.
• The q2q revenue growth of 143.0% of SUPER MICRO COMPUTER INC highlights the company's ability to generate incremental revenue and suggests positive market demand for its products or services.
• The 3-year EPS growth of SUPER MICRO COMPUTER INC (106.0%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• SUPER MICRO COMPUTER INC has achieved an impressive Return on Equity (ROE) of 20.59%, showcasing its ability to generate favorable returns for shareholders.
• The Relative Strength (RS) of SUPER MICRO COMPUTER INC has been consistently solid, with a current 87.71 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. SUPER MICRO COMPUTER INC exhibits strong prospects for further price appreciation.
• With a Debt-to-Equity ratio at 0.35, SUPER MICRO COMPUTER INC showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• SUPER MICRO COMPUTER INC demonstrates a balanced ownership structure, with institutional shareholders at 5.46%. This indicates a diverse investor base, which can contribute to price stability and potential future growth.

In-Depth Technical Analysis of NASDAQ:SMCI

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 3 out of 10 to SMCI. Although SMCI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• SMCI is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 77% of 32 stocks in the same industry.
• In the last month SMCI has a been trading in the 39.84 - 50.61 range, which is quite wide. It is currently trading near the high of this range.
• When comparing the yearly performance of all stocks, we notice that SMCI is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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

How does the complete fundamental picture look for NASDAQ:SMCI?

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

Taking everything into account, SMCI scores 6 out of 10 in our fundamental rating. SMCI was compared to 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 growing strongly while it is still valued neutral. This is a good combination! These ratings would make SMCI suitable for growth investing!

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

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.