When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Super Micro Computer is one stock that just reached the mark, now earning a score of 87.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.
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While now is not an ideal time to jump in, see if the stock goes on to form a consolidation and break out.
Super Micro Computer showed 80% EPS growth in the latest quarterly report. Revenue rose 143%.
The company earns 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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