10 Best Low Beta Tech Stocks to Buy According to Analysts

7. Sanmina Corp. (NASDAQ:SANM)

Beta: 0.85

Potential Upside: 20%

Number of Hedge Fund Holders: 25

Sanmina Corp. (NASDAQ:SANM) provides integrated manufacturing solutions. The company helps other businesses design, build, and deliver electronic products and offers a full range of services, from product design to manufacturing and shipping to technology companies worldwide. The company’s services span a wide range of industries, including communications networks, medical, defense and aerospace, industrial, cloud infrastructure and automotive.

The company reported a 7% YoY growth in its revenue for Q1 2025 was primarily driven by growth in the communications networks and cloud infrastructure end markets. For fiscal year 2025, the company expects revenue growth to be in the high single digits and is focusing on adding new customers with higher margin opportunities to improve profitability. Sanmina Corp. (NASDAQ:SANM) should continue to gain due to its comprehensive manufacturing capabilities as demand for advanced manufacturing services grows.

The consensus 1-year median price target for the company stands at $92, reflecting a good potential upside of 20%.