Who are Sanmina’s customers?
How did Sanmina perform in fiscal year 2022?
Does Sanmina Stock have more benefit?
Very little technology stocks are trading at 10-year highs, but in San Jose Sanmina Corporation (NASDAQ: SANM) is one of them.
Last week, the midcap moved up after another strong quarterly report. It bowed to what was a phenomenal fiscal 2022 for the company. Earnings per share (EPS) far exceeded Wall Street expectations in all four quarters.
The resounding outperformance is in stark contrast to what has been a difficult year for technology investors. Supply chain constraints and lukewarm IT spending have left many in need of urgent medical attention.