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Sanmina Corp. (SANM) Is Rising After Q1 Earnings Surpassed Expectations

Sanmina Corp. (SANM) reported first quarter EPS of $0.75 after the bell Monday, up from $0.58 last year. Analysts expected EPS of $0.67. The stock is now up 3.60 on 44K shares.

Sanmina traded in a range for the bulk of Monday's session and closed up by 0.45 at $37.25 on above average volume. The stock climbed past the upper end of over a month and a half long trading range and set a new high for the year.

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