2024-05-30 11:08:47 ET
Summary
- Super Micro Computer, Inc. stock is being added to the Model Portfolio due to its high proprietary SID Buy Signal and Buy signals in Fund and Tech columns.
- The weekly chart shows technical Buy signals, including a Buy-On-Weakness signal, indicating portfolio managers may be accumulating Super Micro Computer shares.
- Seeking Alpha analysts and Wall Street ratings confirm the Buy signals, with consensus Buy ratings and an SA Quant Strong Buy rating despite low ratings in Valuation and Profitability.
We are adding Super Micro Computer, Inc. (SMCI) stock to our Model Portfolio because it is at the top of the list of our flagship, Daily Index Beaters report shown below. It has the highest, proprietary SID Buy Signal shown in the SID Column of the report. In addition, SMCI is showing Buy signals in our Fund and Tech columns, indicating to us that both the fundamentals and technicals are good. Likewise, in the Implied Return column, our calculator comes up with an attractive Buy signal....
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For further details see:
Adding Super Micro Computer To Our Model Portfolio (Technical Analysis)