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. 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.
5 Stocks to Soar Past the Pandemic:
In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.
See the 5 high-tech stocks now>>
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
Kopin Corporation (KOPN) : Free Stock Analysis Report
Flex Ltd. (FLEX) : Free Stock Analysis Report
To read this article on Zacks.com click here.