Benj Gallander Flextronic International FLEX-Q COMMENT Aug 26, 2014

He likes the high tech area of the US market. He doesn’t want to chase biotechs. Their earnings are going up and fair market values are big so the stocks look attractive. You might want to hold on while it runs up against a breakout point of $12.50. If it gets above it then it is gone for a nice move.

(Top Pick Apr 4/14, Up 33.26%) Still likes it a lot. Recent results were good. Revenue and income are going up. They are buying back a ton of shares. Great comeback from the recession when they were losing money. They could get taken over.

Just reported recently and they were not that good. The next 3 months will probably be a little spotty. He still likes the company. It has been a great turnaround story since the recession. They’ve pared down their debt load.

Still likes it. He is up nicely, but over a very long time. He is happy to hold it. They are doing good things, although he was not excited by them going to the market for debt.

Still likes the company. Their last quarter wasn’t very good. Doesn’t pay a dividend. Have a great balance sheet. Bought back so many shares over the past few years, it has gone way down. Once they start to show good earnings, the earnings per share could go up quite a bit. He can see this going to the high teens or low $20s.

(A Top Pick March 17/15. Down 17.57%.) The last year has been really, really tough on value managers, so buying cheap hasn’t necessarily meant that stocks hold up the way that they once did.

(Top Pick Mar 17/15, Down 5.69%) It came down, although not relative to the market. If you take the dollar into account it did okay.

The model price is $18.62, it has a 44% upside. It will probably get to EBV+4. Sell at $14.50 and buy at $11.56.

He would not sell winners. Let them run and sell losing positions. It is reasonable and they hit all metrics. 8 times earrings so valuation is pretty good. It also has good price momentum.

$18 is his sell target. He might only sell part of it. They are buying back a lot of shares. They put more money aside to buy even more shares. It is only a hold for him because it has less than 100% upside. They changed their name to Flex Limited. They are very diversified.