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The company has spent $600 million weighing a potential breakup.
Hedge fund billionaire Dan Loeb owns a greater than 17% stake in the newly public developer of a drugs including those for treatment of psoriasis.
Cramer's a big fan of Flex' technology and says Walt Disney may look like a dog now but it will soon have its day.
Some companies have powerful trends to bolster their numbers, Fed or no Fed, Cramer says.