Super Micro Computer had its Relative Strength (RS) Rating upgraded from 86 to 93 Thursday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or higher RS Rating as they begin their largest price moves.
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While Super Micro Computer is not near an ideal buy point right now, see if it is able to form and break out of a proper base.
Super Micro Computer showed 80% earnings growth in the latest quarterly report, while sales growth came in at 143%.
The company holds the No. 1 rank among its peers in the Computer-Hardware/Peripherals industry group. Logitech International and Corsair Gaming are also among the group's highest-rated stocks.
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