Top 5 Mid Cap Companies For 2016

Top 5 Mid Cap Companies For 2016: Sanmina-SCI Corporation(SANM)

Sanmina-SCI Corporation provides integrated electronics manufacturing services worldwide. It offers product design and engineering services, including initial development, detailed design, prototyping, validation, preproduction, and manufacturing design; volume manufacturing of complete systems, components, and subassemblies; final system assembly and testing services; direct order fulfillment and logistics services; and after-market product service and support services. The company also manufactures various system components and subassemblies consisting of printed circuit boards, printed circuit board assemblies, backplanes and backplane assemblies, enclosures, cable assemblies, precision machine components, optical components and modules, and memory modules. It provides its services to original equipment manufacturers primarily in the communication, enterprise computing and storage, multimedia, industrial and semiconductor capital equipment, defense and aerospace, medica l, clean technology, and automotive industries. The company was founded in 1980 and is based in San Jose, California.

Advisors' Opinion:

• [By John Kell var popups = dojo.query(".socialByline .popC"); popups.forEach(func]

  Shares of Sanmina Corp.(SANM) jumped in after-hours trading Tuesday as the electronics manufacturer posted better-than-expected results for the fiscal second quarter. Sanmina also issued rosy outlook targets for the current quarter, pushing shares up 9.5% to $20 premarket.

• [By Eric Volkman]

  After being in the red last quarter, Sanmina's (NASDAQ: SANM  ) bottom line has swung into positive territory. In the company's Q2 results, net sales amounted to $1.43 billion, down from the $1.46 billion in the same period the previous year. The bottom line came in at $21.2 million ! ($0.25 per diluted share) from Q2 2012's net loss of $1.4 million ($0.02) according to GAAP standards.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-mid-cap-companies-for-2016.html