|From: CASHRICHFIELD (Rep: 69)||Date: 08/01/2020 21:18|
|Forum: Wall Street Pit - Msg #2869421 - List FLEX msgs ||Thread #674184526 (Rec: 0) |
|FLEXTRONICS @ $11.49 is a highly diversified company with an under-rated stock. The company’s business operations were threatened by the pandemic but restructuring of the workforce by CEO Revathi Advaithi kept FLEX in the game.|
In early May, FLEX had redeployed hundreds of remote workers, accelerated production of medical gear like ventilators required to fight the pandemic and scratched its way to a narrow profit.
The company produces consumer and industrial goods for its customers, household names such as Apple, Ford and Johnson & Johnson.
Below is a short list of eleven things in Flextronics broad based manufacturing supply chain.
1. Apple Mac Pro
2. Google Chromecast
3. Novocure Optune
4. Philips ventilator
5. Ratio automated barista
6. Temi robot
7. Roche antibody test
8. HereO GPS watch for kids
9. Allergan dry-eye treatment
10. Wireless chargers/adapters
11. 3D Printers
COMMENT: Something worth noting is that Flextronics has factories in California & Mexico where it makes ventilators for the U.S. Government and the INOPULSE® nitric oxide gas device which is the next best thing to ventilators.
INOPULSE® is currently in Phase 3 trials licensed under Bellerophon Therapeutics (NASDAQ:BLPH).
This is a stock with tremendous potential to offer nice gains to traders going forward.
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