Here's Why Flex (FLEX) is a Strong Momentum Stock

Group 1 - Zacks Premium offers tools for investors to enhance their stock market confidence and knowledge, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are indicators that help investors select stocks likely to outperform the market in the next 30 days, rated from A to F based on value, growth, and momentum characteristics [2][3] Group 2 - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [3] - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings and cash flow [3] Group 3 - The Momentum Score assists investors in capitalizing on price trends, utilizing factors like recent price changes and earnings estimate shifts [4] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with attractive value, growth, and momentum [5] Group 4 - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in portfolio creation, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] - To optimize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [8] Group 5 - The direction of earnings estimate revisions is crucial when selecting stocks, as stocks with lower ranks may still have high Style Scores but face declining earnings forecasts [9] - Flex Ltd, a Singapore-based company, is currently rated 3 (Hold) with a VGM Score of A, indicating potential for investors [10] - Flex has a Momentum Style Score of A, with shares increasing by 14.2% over the past four weeks, and upward revisions in earnings estimates for fiscal 2025 [11]