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Flex Surges: Stock Moves 5.3% Higher

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Flex Ltd. FLEX was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 13.6% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Flex currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.

Flex Ltd. Price

Flex Ltd. Price
Flex Ltd. Price

Flex Ltd. price | Flex Ltd. Quote

A better-ranked stock in the Electronics - Miscellaneous Products industry is Kopin Corporation KOPN, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Kopin Corporation (KOPN) : Free Stock Analysis Report
 
Flex Ltd. (FLEX) : Free Stock Analysis Report
 
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