Sanmina (SANM) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SANM's integrated manufacturing, 42Q platform and ZT Systems deal support growth, but supply-chain woes, tariffs and high R&D costs pose risks.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 107 | $9,111.99 | $20,792.24 | $11,680.25 | 128.19% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 11,017 | $2.65M | $2.14M | -$507,773.42 | -19.17% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 100 | $15,007 | $18,058 | $3,051 | 20.33% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 163 | $19,416.78 | $31,674.16 | $12,257.38 | 63.13% |
| LN Louis Navellier NAVELLIER & ASSOCIATES Inc. | 20,939 | $4.47M | $3.76M | -$713,304.82 | -15.94% |
| Automobile Components Industry | Consumer Discretionary Sector | Jure Sola CEO | NASDAQ (NGS) Exchange | 801056102 CUSIP |
| US Country | 35,000 Employees | - Last Dividend | 17 Aug 2009 Last Split | 14 Apr 1993 IPO Date |
Founded in 1980 with its headquarters in San Jose, California, Sanmina Corporation stands as a globally recognized entity, offering comprehensive integrated manufacturing solutions. The corporation skillfully provides a broad spectrum of services and products, catering to a diverse range of industries including industrial, medical, defense and aerospace, automotive, communications networks, and cloud solutions. Sanmina Corporation functions through two primary business segments: Integrated Manufacturing Solutions, and Components, Products, and Services. Through its extensive global footprint, Sanmina delivers a full suite of services encompassing product design and engineering, assembly and test services, direct order fulfillment, logistics services, after-market product service and support, and robust supply chain management solutions.