Institutional volumes reveal plenty. For 1-year, SMCI has enjoyed heavy institutional support.
Each green bar signals unusually large volumes in SMCI shares, pushing the stock higher:
Plenty of semiconductor names are under accumulation right now. You can see that with the strong YTD +20.64% performance in the VanEck Semiconductor ETF (SMH). But there’s a powerful fundamental backdrop going on with Super Micro Computer.
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:
3-year sales growth rate (+29.9%)
3-year EPS growth rate (+101.3%)
EPS is estimated to ramp higher this year by +29.2%.
Now it makes sense why the stock has been powering to new heights. Super Micro Computer is an earnings juggernaut.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long-term.
Super Micro has been a top-rated stock at MAPsignals. 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 multiple times over the years. The blue bars below shows when SMCI was a top pick…cutting through the noise.
Since it’s first appearance on August 9th, 2022, SMCI has gained +1172%:
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 SMCI rally began in the bear market of 2022. 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 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.