Is TTM Technologies (TTMI) Still Attractive After A 270% One Year Share Price Surge
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If you are wondering whether TTM Technologies at around US$93 still offers value, the starting point is to look closely at what the current price might be implying about the business.
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The stock has been very strong recently, with a 7 day return of 32.3%, 30 day return of 26.9%, year to date return of 32.0%, and a 1 year return of 269.8%, while the 3 year return is over 4x and the 5 year figure is very large.
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Recent attention on TTM Technologies has focused on its role as a US listed technology manufacturer in areas like printed circuit boards and related electronic components. This has kept it on the radar of investors looking at hardware supply chains. That context helps explain why some market participants are reassessing both…
