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JimVanMeerten (63.05)

Silicon Graphics slides higher

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March 09, 2011 – Comments (0) | RELATED TICKERS: SGI

A Small Cap stock I found while screening stock on Barchart is Silicon Graphics (SGI). In this fast changing technological world companies that provide others with technology solutions should prosper. Increases in both sales and earnings are forecasted for this one.

Silicon Graphics International Corp, (SGI) formerly Rackable Systems Inc, is a global leader in large-scale clustered computing, clustered storage, HPC and data center enablement and services. It is dedicated to solving these industries' most demanding business and technology challenges. It is a provider of servers, storage, and data center solutions targeting data center deployments. The Company's products are designed to provide benefits in the areas of density, power efficiency, thermal management, ease of serviceability, and remote management. Its customers include the leading names in internet and cloud computing, digital content, oil & gas, eCommerce, social networking, research & education, HPC and federal government.
Technical Factors:

1 - 100% Barchart technical buy signal

2 - Trend Spotter (tm) buy signal

3 - 6 new highs and up 20.34% in the last month

4 - Relative Strength Index is 78.23% and rising

5 - Trades around 18.93 with a 50 day moving average of 12.65

Fundamental Factors:

1 - Wall Street brokerages have discovered this small cap and have 1 buy and 1 hold report published

2 - Sales are projected to increase by 11.80% this year and 7.80% next year

3 - Earnings are estimated to increase by 118.30% this year, 93.30% next year and 8.00% annually for the next 5 years

Investor Sentiment:

1 - Small investors on Motley Fool represented by the CAPS members have noticed this stock and vote 253 to 21 that it will beat the market

2 - The more experienced All Stars agree 74 to 2

3 - Fool notes that the last 7 articles about the company have been positive including a recent plug by Jim Cramer on 2/18

This stock has needed product, positive sales and earnings projections and a wide following by both professional and individual investors.  It deserves a place on your small cap watch lists.

Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com  in his daily blog -- Barchart Portfolio Blogs.


Through Marketocracy Capital Management  you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High model portfolio.

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