Why Sanmina (SANM) is a Top Growth Stock for the Long-Term

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores provide a framework for evaluating stocks based on value, growth, and momentum characteristics [2][3] Zacks Style Scores Overview - The Style Scores categorize stocks into ratings of A, B, C, D, or F, with A indicating the highest potential for outperformance [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - The Growth Score assesses a company's financial health and future growth potential through earnings and sales projections [5] - The Momentum Score identifies stocks with favorable price trends and earnings outlooks [6] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores to highlight stocks with the best overall potential [6] Zacks Rank Integration - The Zacks Rank utilizes earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +23.93% since 1988 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9][10] Company Spotlight: Sanmina Corporation - Sanmina Corporation, based in San Jose, CA, specializes in electronics contract manufacturing and offers comprehensive supply chain solutions across various sectors [11] - Currently rated 3 (Hold) by Zacks, Sanmina has a VGM Score of B and a Growth Style Score of A, with projected year-over-year earnings growth of 38.1% for the current fiscal year [12] - The Zacks Consensus Estimate for Sanmina's earnings has increased by $1.40 to $8.34 per share, with an average earnings surprise of +5.4% [12][13]