- Investor's Business Daily•15 days ago
A so-so jobs report fueled some selling on Wall Street on Friday. New highs weren't hard to find, but several names reversed lower after a strong start.
- Barrons.com•17 days ago
Goldman Sachs’s Mark Delaney today reiterates a Buy rating on shares of contract electronics manufacturer Flextronics (FLEX), which is best known for building computers and phones and such, and he adds the stock to the firm’s “Conviction Buy List,” arguing that diversification in the business, and some new opportunities in “soft goods” such as sneakers, offer upside. Delaney, who has a $16 price target on the stock, writes that things such as doing work for Nike (NKE) offer upside: We believe Flex can grow EPS at a double digit CAGR over the intermediate term driven by its entry into new markets, margin expansion, and a reduced share count due to repurchases. For example, we estimate that each $1 bn of additional revenue from new customers such as Nike where Flex has increased design creation content and in turn higher margins could add 10% or more to EPS.
- TheStreet.com•17 days ago
Flex's valuation looks attractive and the company is well positioned to benefit from entry into new markets, according to Goldman.
Flex Ltd. (FLEX)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||13.03 x 100|
|Ask||13.81 x 100|
|Day's Range||13.64 - 13.78|
|52wk Range||8.85 - 14.29|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||17.39|
|Avg Vol (3m)||3,787,689|
|Dividend & Yield||N/A (N/A)|