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 Schedules Combined Fourth Quarter and Fiscal 2024 Earnings Call with 2024 Virtual Investor and Analyst Day • PR Newswire (US) • 04/08/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/09/2024 01:55:12 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 09:32:52 PM
- Flex Earns Coveted Spot on Ethisphere's 2024 World's Most Ethical Companies® for Second Consecutive Year • PR Newswire (US) • 03/04/2024 01:05:00 PM
- Flex to Participate in Upcoming Investor Conference • PR Newswire (US) • 02/26/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/24/2024 01:53:28 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/23/2024 08:12:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 01:52:03 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/21/2024 05:50:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 08:13:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 02:00:25 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 06:02:49 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/08/2024 03:05:28 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/02/2024 10:22:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 09:10:32 PM
- FLEX REPORTS THIRD QUARTER FISCAL 2024 RESULTS • PR Newswire (US) • 01/31/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 02:29:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/19/2024 02:28:36 AM
- Flex Announces Date for Third Quarter Fiscal 2024 Earnings Call • PR Newswire (US) • 01/08/2024 09:05:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/04/2024 09:20:30 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/04/2024 09:15:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 09:03:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 02:02:20 PM
- FLEX ANNOUNCES COMPLETION OF THE SPIN-OFF OF ITS REMAINING INTEREST IN NEXTRACKER • PR Newswire (US) • 01/02/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 09:10:02 PM
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