Super Micro Computer Stock Reveals Strong Demand
Institutional volumes reveal plenty. Since mid-2022, SMCI shares have seen non-stop inflows. We believe this to be institutional footprints.
Each green bar signals unusually large volumes in SMCI shares, hidden to the naked eye. This is why the stock is cranking higher:
Plenty of semiconductor names are under accumulation right now. But there’s a powerful fundamental backdrop going on with Super Micro Computer specifically.
Super Micro Computer Fundamental Analysis
Institutional support coupled with a healthy fundamental backdrop makes this company worth investigating. As you can see, SMCI has had positive sales & EPS growth in recent years:
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3-year sales growth rate (+29.9%)
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3-year EPS growth rate (+101.3%)
Source: FactSet
EPS is estimated to ramp higher this year by +35.3%.
Now it makes sense why the stock has been powering to new heights. Super Micro Computer is a very profitable company.
Here’s why this matters.
Marrying great fundamentals with our proprietary software has found many monster winning stocks over the long-term.
Super Micro has been showcased as a top-rated stock at MAPsignals continuously since 2022. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report numerous times. The blue bars below note when SMCI was a top pick…cutting through the noise.
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the superstars. Money flows often reveal tomorrow’s leaders…today.
Super Micro Computer Price Prediction
The Super Micro Computer rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in SMCI at the time of publication.
If you want to uncover stocks under accumulation, are a Registered Investment Advisor (RIA), or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.
This article was originally posted on FX Empire
