Super Micro Computer had its Relative Strength (RS) Rating upgraded from 77 to 82 Friday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best-performing stocks often have an 80 or higher RS Rating as they begin their biggest runs.
Super Micro Computer is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could spark a new run.
Super Micro Computer reported -53% earnings growth in the latest quarterly report. Revenue gains came in at 19%.
The company earns the No. 1 rank among its peers in the Computer-Hardware/Peripherals industry group. D-Wave Quantum and Logitech International are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!