Flextronics International Stock Hits New 52-Week High (FLEX)

NEW YORK ( TheStreet) -- Flextronics International (Nasdaq: FLEX) hit a new 52-week high Thursday as it is currently trading at $7.94, above its previous 52-week high of $7.92 with 230,594 shares traded as of 9:45 a.m. ET. Average volume has been 4.7 million shares over the past 30 days.

Flextronics International has a market cap of $4.85 billion and is part of the technology sector and electronics industry. Shares are up 25.4% year to date as of the close of trading on Wednesday.

Flextronics International Ltd. provides design and manufacturing services to original equipment manufacturers (OEMs) worldwide.

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TheStreet Ratings rates Flextronics International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Flextronics International Ratings Report.

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