Sanmina Corp (NASDAQ: SANM) stock closed at $83.88 on 11/6/24 after a major increase of 12.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 329% of normal. The stock has been strong relative to the market over the last nine months and has risen 19.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SANM is expected to continue to be an important Value Builder.
Sanmina has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Sanmina has a good Appreciation Score of 71 and a good Power Rating of 73, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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