Sanmina’s Q2 earnings drop this Monday, riding high on last quarter’s record $4.1B revenue—more than double YoY—and beating EPS and operating income. Street expects a massive 66% YoY revenue surge, up from 11% last year, with analysts confident Sanmina typically hits targets. Competitors Allegion and Acuity Brands also outperformed, lifting their stocks. But the sector’s been volatile—down 3.3% in a month—with Sanmina falling 12% and trading at $206 vs. a $240 average analyst price target. Will Sanmina sustain its momentum amid shifting market focus?
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