All Reports

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…

Last night, Amkor Technology (AMKR; $65.33; E/W) announced a multi-year strategic partnership with NVIDIA (NVDA; $208.76; NR) that further supports the first phase of its much-discussed Arizona campus construction, which comes with a total “price…

We think news yesterday out of Advanced Micro Devices’ (AMD; $539.69; NR) Advancing AI 2026 Conference proves very bullish for the accelerated compute market prospects for Sanmina (SANM; $218.56; O/P), possibly as soon as Monday…

Mobileye Global (MBLY; $7.47; E/W) surprised the Street as part of its basically as expected Q2 results and guidance (ex-benefits from some major new R&D grants in Israel) with yet another in what has now…

We are raising our F2026/F2027E (Sept) EPS from $11.20/$12.45 to $11.45/$13.00 on TE Connectivity (TEL; $200.36; O/P) after the company produced a healthy FQ3 (Jun) “beat and raise”, which to our chagrin was met by…

The shares of Celestica (CLS; $322.47; O/P) are still down ~25% from recent highs reached back on June 1st, which we think represents an especially attractive risk reward, not only into Q2 results and guidance…

We believe the recent 24% decline in the shares of Sanmina (SANM; $201.87; O/P) is likely to prove well overdone when the company reports FQ3 (Jun) results and guidance next Monday (7/27 after the close)….

This morning, Molex, a wholly owned subsidiary of privately held Koch Industries and one of the world’s largest makers of interconnect products, announced a massive long-term supply agreement with Prysmian (PRYMY; $72.69; NR) that we…

We expect Benchmark Electronics (BHE; $78.45; O/P) to produce Q2 results and guidance, which are scheduled for July 29th (after market close), that impress investors in terms of both top line momentum and operating margin…

Yesterday, Uber Technologies (UBER; $74.03; O/P) announced it “crossed the finish line” in its well-publicized pursuit to acquire Delivery Hero (DHER.DE; €38.20; NR), which we were surprised to see be met with limited enthusiasm by…

The shares of TE Connectivity (TEL; $200.98; O/P) are now down 18% from recent highs set back in mid-April to only 16X our C2027E EPS (vs. its C2019-2025 average of 16-20X), which we think reflects…

We think the generally robust stock price performance across our supply chain coverage during H1 of C2026 makes for an especially difficult setup into CQ2 EPS season. We think this is even after considering the…

We are raising our 2026/2027E EPS from $3.10/$3.75 to $3.20/$4.20 on Corning (GLW; $183.38; E/W) ahead of the company’s Q2 results and guidance, which are scheduled for July 28th (before market open). Our higher EPS…

We believe last week’s news that Jabil (JBL; $330.29; O/P) plans to invest $119mm+ in a new manufacturing facility in Marshall County, Mississippi highlights how the holistic services strategy of its Intelligent Infrastructure business (~50%…

We think last week’s news that Flex (FLEX; $135.80; O/P) entered into an expanded manufacturing partnership with Cerebras Systems (CBRS; $215.08; NR) further highlights to us how the company’s Cloud & Power Infrastructure portfolio (CPI;…