Arie Goren, Portfolio123 (3,032 clicks)
Long only, value, research analyst, dividend investing
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Why Flextronics International Stock Is A Good Investment Opportunity
Jun. 28, 2015 3:47 PM ET | About: Flextronics International Ltd. (FLEX)
Disclosure: I/we have no positions in any stocks mentioned, but may initiate a long position in FLEX over the next 72 hours. (More...)
Summary
Flextronics is well-positioned to benefit from the accelerating pace of innovation that is being driven, in part, by the increasing interconnectivity of everything.
In my view, Flextronics will benefit from its investments outside the technology sector, due to better margins.
The company has compelling valuation metrics and strong earnings growth prospects; its PEG ratio is exceptionally low at 0.50, the lowest among all Russell 1000 tech stocks.
I consider Flextronics International (NASDAQ:FLEX) an excellent combination of superb value and high growth tech stock. FLEX has compelling valuation metrics and strong earnings growth prospects. The company said that it is committed to 5 -10% annual net income growth and it continues to use its strong cash flow generation to return consistently value to its shareholders through repurchasing shares. For fiscal 2015 Flextronics spent $416 million buying back almost 7% of its shares, representing an allocation of 75% of its fiscal 2015 free cash flow. In my opinion, FLEX's stock is a good long-term investment.
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http://seekingalpha.com/article/3288845-why-flextronics-international-stock-is-a-good-investment-opportunity
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Recent FLEX News
- Flex Named to TIME's World's Best Companies List for Second Consecutive Year • PR Newswire (US) • 09/19/2024 01:05:00 PM
- Flex Releases its 2024 Sustainability Report • PR Newswire (US) • 09/12/2024 01:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 01:10:57 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/12/2024 01:10:04 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 10:54:08 PM
- Flex to Participate in Upcoming Investor Conference • PR Newswire (US) • 08/29/2024 11:35:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 12:43:40 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/23/2024 09:02:45 PM
- Anord Mardix Opens Second Facility in Ireland to Meet Growing Demand for Critical Power Solutions • PR Newswire (US) • 08/22/2024 03:17:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2024 08:10:24 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/20/2024 08:40:00 PM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 08/19/2024 08:44:56 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 03:01:14 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/19/2024 01:03:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/17/2024 12:42:21 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/17/2024 12:41:36 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2024 08:06:06 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 08/15/2024 08:10:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2024 01:02:12 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2024 01:01:34 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2024 01:00:50 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2024 01:00:09 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/10/2024 12:59:29 AM
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