Super Micro Computer Is a Superstar Stock, the One Chart to Follow

Super Micro Computer Shares Power Higher with Inflows

Institutional volumes reveal plenty. Since August of 2022, SMCI’s stock has jumped as volumes picked up. That’s indicative of healthy 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. 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 interesting. As you can see, SMCI has had positive sales & EPS growth in recent years:

• 3-year sales growth rate (+12.8%)
• 3-year EPS growth rate (+26.7%)

Source: FactSet

EPS is estimated to ramp higher this year by +8.6%.

Now it makes sense why the stock has been powering to new heights. Super Micro Computer is an earnings powerhouse.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long-term.

Super Micro Computer 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 dozens of times over the years. The blue bars below shows 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.

Super Micro Computer Price Prediction

The SMCI rally began many months ago. 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.

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