The Stock of Contract Manufacturer Sanmina Forms a Base at Multi-Year High — Trend Continuation May Be Ahead!

Investors should now pay attention to the contract manufacturer Sanmina, as the stock could soon break out of its consolidation. In November, the company impressed with solid quarterly results. Management projected a higher demand from customers in the industrial, aerospace, and cloud infrastructure sectors for the current quarter.   This suggests that the company may experience stronger growth than previously thought. Management sees many new opportunities in the cloud market, which is primarily focused on AI and ML, due to the upgrading...