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Friday, June 17, 2011

Stocks with Strong Financial Metrics (NASDAQ: FLEX)

Shares of FLEX fell by 1.14% or $-0.075/share to $6.52. Flextronics International Ltd. is trading at a price to book ratio of 2.18. The PEG is 0.58 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.17. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 7036780 shares of FLEX exchange hands on a given day and today's volume is recorded at 1486530. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Flextronics International Ltd. (Flextronics) is a provider of vertically-integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs).