One company that should be on your radar is Super Micro Computer, Inc. ( SMCI ). The stock of this computer storage device company has seen its Zacks Rank surge over the past four weeks, moving from Neutral to its current position as a Strong Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For SMCI's full year estimate, we have seen 2 estimates go higher in the past 30 days, and there has been no downward revision over the same time frame. This trend has helped the consensus estimate to trend higher, going from 88 cents a share 30 days ago to its current level at $1.02.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, SMCI has seen some pretty solid trading lately, as the company has moved higher by 21.1% in the past month.

If Super Micro Computer can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put SMCI on your watch list for the future.

Other top-ranked stocks worth considering in this space include Dot Hill Systems Corp. ( HILL ), Quantum Corporation ( QTM ) and Datalink Corporation ( DTLK ). While Dot Hill Systems and Quantum Corporation carry a Zacks Rank#1 (Strong Buy), Datalink Corporation holds a Zacks Rank#2 (Buy).

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Why Super Micro Computer (SMCI) Has A Bright Short-Term Future? - Tale of the Tape