Keyword: pcb, pcb board, printed circuit board
Chip and electronic manufacturers chip are significant participants in the current rally. printed circuit board They encompass a number of industry groups and often have a Silicon Valley address. Cavium (CAVM) makes integrated semiconductor products for networking, communication and the digital home. Its design teams work in its San Jose,Calif chip., headquarters, Massachusetts and India. Among its customers are Alcatel-Lucent (ALU), Aruba printed circuit board Networks (ARUN), Cisco (CSCO), Citrix (CTXS) and F5 Networks (FFIV). The company has excellent growth characteristics. Its five-year earnings growth rate is 38%. But it's a cyclical stock. chip Earnings dropped sharply in 2009 and 2012. But analysts expect growth of 123% in 2013 and 39% in 2014. Quarterly numbers can be exceedingly lumpy. The five-year Earnings Stability Factor of 99 means it has among the wildest profit swings in the market. It's in growth mode now. After four quarters of declining growth, EPS the past three quarters have risen 18%, 850% and 229%. Analysts are looking for a 73% increase in the next report.chip Revenue growth is accelerating, up 18%, 32% and 34%. It's in the Electronics-Semiconductor/Fabless industry group, chip ranked No. 42 out of 197 industries tracked by IBD for six-month price performance. printed circuit board Fabless means it designs the chips, and somebody else manufactures them.
Sanmina (SANM), also based in San Jose chip, is in the Electronics-Contract Manufacturing industry group, ranked No. 12 among 197 groups as of Tuesday's IBD. The company was incorporated in 1989 and went public in 1993. It makes complex electronic and mechanical products and chip printed circuit board for companies in aerospace, medicine and other industries. Over the past three quarters, earnings growth chip has accelerated from 4% to 11% to 54% despite flat or falling revenue. Improved after-tax margin helped Sanmina grow the bottom line. But in the September-ended fourth quarter, printed circuit board analysts forecast a 13% decline in earnings.
