Flex (FLEX) Stock Looks Fully Priced Despite A Small Value Gap

Flex stock has delivered a very large 5 year gain, yet current checks suggest it no longer looks obviously cheap, with the Discounted Cash Flow (DCF) intrinsic value estimate and earnings based multiples both pointing to pricing that is roughly in line with fair value. Flex has returned about 11x over 5 years, which means anyone looking at the shares today is assessing a company that has already re rated significantly. Inclusion in the S&P 500 index and plans to spin off the Cloud and Power...