SANM trade ideas
Sanmina Corporation (SANM) AnalysisCompany Overview:
Sanmina Corporation NASDAQ:SANM is a global leader in advanced manufacturing solutions, offering end-to-end services from design and engineering to logistics. Serving diverse industries such as healthcare, defense, automotive, and cloud computing, the company has built a reputation for quality and innovation. Sanmina's broad industry reach mitigates dependency on any single market, ensuring stable and resilient financial performance.
Key Growth Drivers
Diverse Industry Exposure:
Sanmina serves a broad spectrum of industries, including:
Healthcare: Demand for high-quality medical devices and diagnostic equipment.
Defense & Aerospace: Focus on mission-critical electronics and systems.
Automotive: Growth in electric vehicles (EVs) and autonomous technology.
Cloud Computing: Rising demand for advanced data center and networking solutions.
This diversification ensures consistent revenue generation and reduces the impact of sector-specific downturns.
Strategic Joint Venture in India:
49.9% Stake in Reliance JV:
Sanmina's partnership with Reliance Strategic Business Ventures provides access to the fast-growing Indian market, which is a hub for electronics manufacturing and technological innovation.
This joint venture positions the company to capture significant market share in India, leveraging Reliance’s local expertise and Sanmina’s manufacturing capabilities.
Focus on High-Growth Sectors:
Sanmina's emphasis on medical, defense, and cloud computing aligns with global trends, including:
Increasing healthcare investments.
Rising defense budgets globally.
The ongoing digital transformation driving demand for cloud and edge computing solutions.
Financial Highlights and Tailwinds
Steady Revenue Growth:
Sanmina's diversified portfolio and global footprint have enabled consistent financial performance, even amid economic fluctuations.
Operational Excellence:
The company’s focus on operational efficiency, including cost optimization and technological innovation, supports profit margin improvements.
Position in Emerging Markets:
With the Indian government promoting domestic manufacturing, Sanmina’s joint venture is poised to benefit from favorable policies and strong regional demand.
Stock Outlook
Bullish Momentum Above $67.00-$68.00:
The company’s strategic positioning and exposure to high-growth sectors support a positive long-term outlook.
Upside Target: $100.00-$102.00, reflecting confidence in its ability to expand revenue and enhance shareholder value.
Institutional Confidence:
Sanmina’s strong financial foundation and growth prospects make it an attractive investment for both institutional and retail investors.
Conclusion
Sanmina is well-positioned to capitalize on its global reach, diverse industry exposure, and strategic presence in high-growth markets like India. Its focus on advanced manufacturing for critical industries ensures long-term relevance and growth potential.
📈 Recommendation: Bullish on SANM above $67.00-$68.00, targeting $100.00-$102.00.
SANM - BreakoutCup and Handle breakout
This breakout is also above the major down channel which can be plotted
I expect bull continuation on a large scale with a move like this
The circles show an inverted H&S
Sanmina Corp. - positive earnings trendSANM last 12 quarters have seen positive only reactions. - Past performance is no guarantee of future results, but history does rhyme.
Technicals
RSI(10) @70 reaching higher
OBV growing as the price does the same.
Acting great with above average volume before earnings.
I see a potential move of 10%-15%.
Holding WellYesterday's jump might have resulted in a new uptrend. At moment it looks like if it will turn into a sideward movement. But as long as we hold well above the both MAs we may still expect that the rise will continue. The sideward movement may replace a correction.
SANM: Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to find an entry price within the expected pull back zone 28.70 - 28.95 as previously being back tested.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
Go LongWe're possibly in the wave 4 retracement. If thats the case wave 2 retraced ti 0.786 , so its likely that wave 4 will be a short and slight retracement, possibly up to 0.382.
So we should go in to a long position at market price , 31.75
stopp loss slightly below 0.382 fib level 30.60
take profit at just above 0.268 fib , because wave 3 went beyond 1.618 fib so 38.70 which is also a previous residence
Sanmina, Bearish ABCD hit Target 1Sanmina has hit target 1 after the bearish ABCD.
will it retest the point D level then move down to target 2? or will it breakout? Let's see.
