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Enter Symbol:
 
Flextronics International Ltd. (FLEX) [hlAlert]

Rating:
Buy FLEX
down 9.23 %

Flextronics International Ltd. (FLEX) upgraded to Buy by Standpoint Research

Posted on: Friday,  May 1, 2015  1:25 PM ET by Standpoint Research

Standpoint Research rated Buy Flextronics International Ltd. (NASDAQ: FLEX) on 05/01/2015, when the stock price was $11.69. Since
then, Flextronics International Ltd. has lost 9.24% as of 10/20/2015's recent price of $10.61.
If you would have followed this Standpoint Research's recommendation on FLEX, you would have lost 9.23% of your investment in 172 days.

Flextronics International Limited (Flextronics) is a global provider of vertically-integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). As of March 31, 2009, Flextronics total manufacturing capacity was approximately 27.2 million square feet. It helps customers design, build, ship and service electronics products through a network of facilities in 30 countries. During the fiscal year ended March 31, 2009 (fiscal 2009), its sales in Asia, the Americas and Europe represented 49%, 33% and 18% of its total net sales, respectively, based on the location of the manufacturing site. The services provided by the Company includes printed circuit board and flexible circuit fabrication, systems assembly and manufacturing, logistics, after-sales services, design and engineering services, original design manufacturing (ODM) services, and components design and manufacturing.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2015 1:25 PM Buy
None
11.69
as of 8/27/2015
1 Week down  -3.89 %
1 Month down  -12.16 %
3 Months down  -15.25 %
1 YTD down  -9.23 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/30/2015 2:25 PM Hold
None
12.67

(*) Stock Price at the time of the recommendation.
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