Buy $SMLR for semblance of profit
Semler Scientific, Inc. (SMLR) – Bullish Outlook
Key Stats:
• Market Cap: 599M
• P/E Ratio: 28.4
• Next Earnings Date: March 3, 2025
Technical Reasons for Upside:
1. Strong Long-Term Trend: SMLR has been on a solid upward trajectory, outperforming 95% of all stocks over the past year. 
2. Support Levels: The stock is trading near a significant support zone around $53.99, suggesting a potential bounce higher. 
3. Consolidation Phase: Recent price consolidation indicates reduced volatility, often a precursor to upward movements. 
Fundamental Reasons for Upside:
1. Robust Financial Performance: SMLR has demonstrated strong revenue growth, reflecting its solid market position.
2. Industry Leadership: Outperforming 92% of its peers in the Health Care Equipment & Supplies industry, SMLR showcases its competitive edge. 
3. Reasonable Valuation: With a P/E ratio of 28.4, SMLR is attractively valued compared to industry averages.
Potential Paths to Profit:
1. Buy Shares: Purchase SMLR stock at the current price and hold until price target.
2. Buy LEAP Options: Acquire SMLR call options with a strike price near $90, expiring in 6-12 months, and sell upon achieving your desired profit.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Key Stats:
• Market Cap: 599M
• P/E Ratio: 28.4
• Next Earnings Date: March 3, 2025
Technical Reasons for Upside:
1. Strong Long-Term Trend: SMLR has been on a solid upward trajectory, outperforming 95% of all stocks over the past year. 
2. Support Levels: The stock is trading near a significant support zone around $53.99, suggesting a potential bounce higher. 
3. Consolidation Phase: Recent price consolidation indicates reduced volatility, often a precursor to upward movements. 
Fundamental Reasons for Upside:
1. Robust Financial Performance: SMLR has demonstrated strong revenue growth, reflecting its solid market position.
2. Industry Leadership: Outperforming 92% of its peers in the Health Care Equipment & Supplies industry, SMLR showcases its competitive edge. 
3. Reasonable Valuation: With a P/E ratio of 28.4, SMLR is attractively valued compared to industry averages.
Potential Paths to Profit:
1. Buy Shares: Purchase SMLR stock at the current price and hold until price target.
2. Buy LEAP Options: Acquire SMLR call options with a strike price near $90, expiring in 6-12 months, and sell upon achieving your desired profit.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.