Flex Ltd. (FLEX)

Some volatility. Looks to be headed to $9.5 resistance level. A hard chart to read.

(A Top Pick Feb 20/13. Up 37.88%.) Just announced that they are doing work for Apple (AAPL-Q) which has pushed the stock price a bit. He can see this one doubling from here. Still a Buy.

Had a lot of problems during the recession, but over the past few years they’ve been in the black. Balance sheet is good. Lost a contract with Research in Motion, which really hurt. He could see this going up to $18.

On his buy list. They reported good numbers last quarter but said last month things had really slowed down. Company did a tremendous job rebounding from the recession. Likes the company but when they give bad forward guidance he has to wait. They are digesting a number of takeovers from the last couple of years.

Perceives that it has a lot of upside. It will do well, based partially on the economy. Information management. They are in a lot of different fields. Have taken on a lot of companies in the last couple of years. He could see this doubling from here.

Has been wrong about this company for a number of years but this year it was his Top Pick in a Globe competition. They lost a lot of business because one of their major clients was Research in Motion which costs them a lot in terms of revenues. Over the past couple of years they have taken in 13 companies. When you have to integrate this many companies, it is very difficult and that can be a warning sign. They seem to have done this fairly successfully. Good management. They operate in so many countries that they really can deal with major corporations. This could be a big turnaround year for them. His target price is $18 and change.

Have been on a big acquisition spree. Announced another one that got finalized today. Have acquired over 10 companies in the last 3 years. Revenues are about $25 billion. This company has really recovered from the recession and their financials are in much better shape. Can see this one tripling. There are only 2 companies in his portfolio where he is down and this is one of them.

Has moved into a major turnaround and are making money. Taken over 12 companies in the past 3 years. Black Berry (BB-T) is no longer one of their companies which have hurt revenues. Management seems to know what they are doing. Has a target price of $18.74.

(A Top Pick Jan 17/12. Up 7.09%.) Have been in a turnaround. Revenue got hit from a year ago when they had over $8 billion and this year just $6 billion. Lost their contract with Research in Motion (RIM-T). Cash flow of almost $500 million. Feels management knows what they are doing. As the economy recovers, he thinks it is a great play.