Company Performance - TTM Technologies (TTMI) has seen a significant stock increase of 6.9% over the past month, reaching a new 52-week high of $73.4, and has gained 194.3% since the start of the year, outperforming the Zacks Computer and Technology sector's 28.1% gain and the Zacks Electronics - Miscellaneous Components industry's 50.3% return [1] - The company has a strong record of positive earnings surprises, beating the Zacks Consensus Estimate in each of the last four quarters, with the latest EPS reported at $0.67 against a consensus estimate of $0.61 [2] Earnings Projections - For the current fiscal year, TTM is expected to post earnings of $2.44 per share on revenues of $2.88 billion, reflecting a 42.69% change in EPS and an 18.08% change in revenues [3] - For the next fiscal year, the expected earnings are $2.87 per share on revenues of $3.15 billion, indicating a year-over-year change of 17.89% in EPS and 9.26% in revenues [3] Valuation Metrics - TTM currently trades at 29.9X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 28.2X, and on a trailing cash flow basis, it trades at 24.7X versus the peer group's average of 16.5X [6] - The stock has a Value Score of C, a Growth Score of A, and a Momentum Score of F, resulting in a combined VGM Score of B [6] Zacks Rank - TTM holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, meeting the criteria for investors looking for stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B [7] Industry Comparison - The Electronics - Miscellaneous Components industry is positioned in the top 26% of all industries, indicating favorable conditions for both TTM and its peer, Allient Inc. (ALNT), which has a Zacks Rank of 1 (Strong Buy) [10]

Core Insights - Alphabet Inc. (GOOGL) has significantly improved its position in the AI sector, overtaking competitors like OpenAI and Tesla, and is now seen as a leading player in the industry [5][6] - The launch of Gemini 3, an advanced AI model trained on Google's proprietary TPU chips, has garnered positive reviews and is expected to enhance Alphabet's competitive edge [3][6] - Recent regulatory developments, including a favorable antitrust ruling, have bolstered investor confidence in GOOGL, leading to a notable increase in its stock price [4][5] Alphabet's AI Advancements - Waymo's expansion into more cities and its claims of safer autonomous vehicles are positioning it ahead of competitors like Tesla's RoboTaxi [2] - The successful release of Gemini 3, which outperformed OpenAI's latest model, marks a significant milestone for Alphabet in the AI landscape [3] - The company has shifted from being perceived as a laggard to a leader in AI, challenging OpenAI and reshaping the ecosystem [5] Financial Implications for Partners - TTM Technologies and Celestica are expected to benefit from Alphabet's AI growth, supplying specialized PCBs and server infrastructure for Google's AI data centers [6] - Broadcom, as Google's exclusive TPU chip fabrication partner, is directly tied to the success of Gemini, with its shares up over 60% year-to-date [10] - TTM Technologies has seen its stock soar nearly 170% this year, driven by strong demand for advanced PCBs tailored for Google's TPU chips [12] - Celestica's shares have increased over 220% year-to-date, supported by its role in manufacturing server racks for Google's AI infrastructure [15]

Core Viewpoint - The AI bull market is experiencing a resurgence, with new stocks leading the rally instead of traditional giants like NVIDIA and Microsoft [1][2]. Group 1: Alphabet Inc. - Alphabet Inc. (NASDAQ: GOOG) is positioned as a leader in the AI race, with a market cap of $3.8 trillion and significant advancements in AI technology, including the Gemini V3 upgrade and Waymo's driverless car service [3]. - Analysts from JP Morgan and Scotiabank have raised their price targets for Alphabet to $336 and $340, respectively, reflecting strong earnings performance in 2025 [3]. - Despite a recent four-day decline, GOOG shares show strong upside potential, trading above the 50-day and 200-day simple moving averages (SMAs) since July [6]. Group 2: TTM Technologies Inc. - TTM Technologies (NASDAQ: TTMI) is a key player in the AI sector, focusing on high-density printed circuit boards (PCBs) essential for AI systems, with a market cap nearing $7 billion and $2.7 billion in sales over the last year [7]. - The company reported a 22% year-over-year increase in quarterly revenue, driven by AI data center sales, and has a backlog in aerospace and defense approaching $1.5 billion [7]. - TTMI shares have surged nearly 170% year-to-date, with strong technical indicators suggesting continued upward momentum [9]. Group 3: Celestica Inc. - Celestica (NYSE: CLS) has seen significant growth due to demand for its products in AI data centers, achieving record quarterly EPS of $1.58 and revenue of $3.16 billion in Q3 2025 [10]. - The company's market cap has reached $35 billion, with annual sales projected to exceed $11 billion, and Citigroup has upgraded the stock to Buy with a price target of $375 [10]. - CLS shares are above both the 50-day and 200-day SMAs, indicating a strong uptrend, although recent momentum has shown signs of weakening [12]. Group 4: Amphenol Corp. - Amphenol (NYSE: APH) is a major supplier in the AI data center industry, providing essential components like connectors and cables, with a market cap of $173 billion [13]. - The company reported record revenue of $6.19 billion and EPS of $0.93 in Q3, surpassing analyst expectations by 12% and 17% respectively [13]. - APH shares have doubled year-to-date, with technical indicators suggesting continued strength despite recent volatility [16].

Core Insights - Think Investments LP has initiated a new position in TTM Technologies, acquiring 793,100 shares valued at approximately $45.7 million, indicating strong institutional demand in the semiconductor sector [1][2][3] Company Overview - TTM Technologies, Inc. is a global provider of advanced printed circuit boards (PCBs) and RF components, employing over 16,400 individuals and generating revenue primarily through the manufacture and sale of these products [4][5] - The company reported a total revenue of $2.8 billion and a net income of $131.9 million, with a market capitalization of $7.1 billion [4] Financial Performance - TTM Technologies experienced a 22% year-over-year revenue growth, reaching $752.7 million, with a non-GAAP EPS of $0.67, driven by strong performance in data-center computing and networking markets [8] - Cash flow from operations was robust, accounting for 18.8% of sales, indicating effective conversion of demand into free cash flow [8] Market Position and Strategy - The company serves a diversified customer base, with significant exposure to mission-critical applications in sectors such as aerospace and defense (45%) and data-center computing (23%), positioning it well for structural growth [6][9] - Think Investments' allocation of 6% of its reportable assets to TTM Technologies reflects a high-conviction bet on the company's potential within the semiconductor cycle, particularly in areas benefiting from accelerating electronics demand [7][9] Investment Implications - The recent surge in TTM Technologies' share price, which has increased by 182% over the past year, significantly outpacing the S&P 500's 13% gain, suggests strong market confidence in the company's growth trajectory [3][9] - The key considerations for long-term investors include TTM's ability to sustain growth in core markets and effectively ramp up capacity to meet increasing demand [10]

TTM Technologies (TTMI) closed the last trading session at $58.45, gaining 0.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $76 indicates a 30% upside potential.The mean estimate comprises four short-term price targets with a standard deviation of $3.16. While the lowest estimate of $72.00 indicates a 23.2% increase from the current price level, the most optimistic analyst expe ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, particularly in the financial sector, to achieve exceptional returns, although identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - TTM Technologies (TTMI) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth being particularly attractive as it indicates strong future prospects [4] - TTM has a historical EPS growth rate of 14.5%, but projected EPS growth for this year is expected to be 42.5%, significantly surpassing the industry average of 25% [5] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for assessing a growth stock's efficiency in generating sales [6] - TTM's S/TA ratio stands at 0.78, indicating that the company generates $0.78 in sales for every dollar in assets, which is higher than the industry average of 0.72 [6] Group 4: Sales Growth - Sales growth is another vital aspect, with TTM expected to achieve an 18.1% sales growth this year, contrasting sharply with the industry average of 0% [7] Group 5: Earnings Estimate Revisions - Trends in earnings estimate revisions are crucial, as positive revisions correlate strongly with stock price movements [8] - TTM's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 5.6% over the past month [8] Group 6: Overall Positioning - TTM has earned a Growth Score of A and holds a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance in the growth stock category [10]

Core Insights - TTM Technologies, Inc. (TTMI) has been rated as a buy due to its expansion in Wisconsin and the acquisition of land in Penang [1] Company Developments - The company is focusing on growth through strategic expansions and acquisitions, which are expected to enhance its operational capabilities and market presence [1] Analyst Background - The analysis is conducted by an equity research analyst with a specialization in technology, innovation, and sustainability investment, utilizing a "First Principles" approach to identify investment opportunities [1]

Core Insights - TTM Technologies, Inc. (TTMI) has been rated as a buy due to its expansion in Wisconsin and the acquisition of land in Penang [1] Company Developments - The company is focusing on growth through strategic expansions and acquisitions, indicating a proactive approach to enhancing its operational capabilities [1] Analyst Background - The analysis is conducted by an equity research analyst with a specialization in technology, innovation, and sustainability investment, utilizing a "First Principles" approach to identify investment opportunities [1]

Company Overview - TTM Technologies, Inc. (TTMI) is a global electronics manufacturer focusing on printed circuit boards (PCBs) and radio frequency (RF) components [1] - The company's products are widely utilized in defense, aerospace, automotive, computing, and other industries [1] - TTM provides design, simulation, and testing services, which have seen significant demand driven by advancements in artificial intelligence [1] Industry Insights - The demand for PCBs and RF components is increasing due to the growing integration of AI technologies across various sectors [1]

Core Insights - TTM Technologies, Inc. (TTMI) is highlighted as a significant player in the printed circuit board industry, despite its relatively small market capitalization of $7 billion [1]. Company Overview - TTM Technologies is identified as the largest printed circuit board manufacturer, which positions it favorably within the industry [1]. Investment Insights - The article suggests that TTM Technologies may present a potential investment opportunity, particularly for those looking for growth and value balance [1].