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"With a puny Price/Sales ratio of 0.12 and PEG ratio of 0.65, the company is sporting numbers like a value stock, not a tech stock."
Sep 03 00:54 am
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All Comments by flashguy »Sanmina Up Again, Despite Down Market [View article]
You don't know what you're talking about. This is a low margin contract manufacturing business. Low margin = punny P/S ratio. And its valuation should have absolutely nothing to do with that of a tech stock: SANM spends 0.3% of its revenues on R&D.
This is standard chart monkey analysis. There's no depth to this.
No love.