Flex Provides Exposure To 2 Verticals That Have Strong Secular Tailwinds
FLEXFlex(FLEX) Seeking Alpha·2024-07-02 19:05
SweetBunFactory Investment overview I give a buy rating to Flex Ltd. (NASDAQ:FLEX). I believe FLEX gives investors direct exposure to two key verticals that have very strong underlying secular tailwinds. These two verticals should improve FLEX's overall growth profile from historical low-single-digits to mid-to-high-single-digits. Coupled with margin expansion (high-growth segments have higher margins), I am expecting FLEX to see earnings growth faster than revenue growth. Lastly, when combined with the ...