FLEX (US)

The shares of Flex (FLEX; $111.91; O/P) are still down a remarkable 31% since the end of June, which is even after the company posted a solid FQ1 (Jun) “beat and raise” that comes on…

We reiterate our Outperform on the shares of Flex (FLEX; $120.20) ahead of its FQ1 (Jun) results and guidance, scheduled for Wednesday (7/29 before market). Admittedly, Flex has proven especially conservative when it comes to…

We believe “data center politics” in the U.S. are increasingly worth monitoring by supply chain investors, especially with mid-term elections on the horizon for four months from now and what seems to be shifting views…

This morning (6/23), the European Automotive Manufacturers Association released car registration data from the region for the month of May, which suggested demand for vehicles in European markets remained relatively solid, albeit at a somewhat…

Last night, Flex (FLEX; $96.45; O/P) stunned the Street with news that its Board approved plans to spin off its Cloud & Power Infrastructure (CPI) portfolio, thereby creating two independent, publicly traded companies in a…

Yesterday, Amazon (AMZN; $248.28; NR) announced it is expanding on an existing collaboration with Anthropic, which further highlights how we see EMS providers continuing to benefit from their own specific relationships with AMZN, as per…

We think investors should generally expect favorable Q1 results and guidance from the tech supply chain during CQ1 EPS season. Although, we think it reasonable to question, across a range of markets, if the ongoing…

We do not think it’s an “accident” that most electronics manufacturing services (EMS) stocks we follow are trading right around 52-week highs even in the face of what our checks suggest is heightened levels of…

This morning, Flex (FLEX; $60.76; O/P) announced it was adding to its critical power portfolio with a definitive agreement to acquire Electrical Power Products (EPP) for $1.1B in an all cash transaction, which is before…

The shares of Sanmina (SANM; $130.90; O/P) are down 28% over the past two months or back to where the stock was when the company completed the acquisition of ZT Systems’ data center infrastructure manufacturing…

On Friday (3/20), Ecolab (ECL; $132.74; NR) announced plans to acquire CoolIT Systems, a liquid cooling technology business focused entirely on data center applications, for $4.75B from KKR. From our seat, this transaction highlights how…