In the latest trading session, Sanmina (SANM) closed at $64.22, marking a -1.25% move from the previous day. This move was narrower than the S&P 500's daily loss of 1.44%. At the same time, the Dow lost 1.03%, and the tech-heavy Nasdaq lost 0.11%.Heading into today, shares of the electronics manufacturing services company had gained 10.28% over the past month, lagging the Computer and Technology sector's gain of 11.26% and outpacing the S&P 500's gain of 6.22% in that time.Investors will be hoping for strength from Sanmina as it approaches its next earnings release. In that report, analysts expect Sanmina to post earnings of $1.49 per share. This would mark year-over-year growth of 37.96%.It is also important to note the recent changes to analyst estimates for Sanmina. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 17.09% higher. Sanmina is currently sporting a Zacks Rank of #1 (Strong Buy).Digging into valuation, Sanmina currently has a Forward P/E ratio of 11.57. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 11.57.Meanwhile, SANM's PEG ratio is currently 0.96. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Electronics - Manufacturing Services stocks are, on average, holding a PEG ratio of 0.72 based on yesterday's closing prices.The Electronics - Manufacturing Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 4, which puts it in the top 2% of all 250+ industries.The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sanmina Corporation (SANM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research