5 Under-the-Radar Stocks That Are on The Move

In this article, we discuss 5 under-the-radar stocks that are on the move. If you want to see more stocks in this selection, check out 12 Under-the-Radar Stocks That Are on The Move.

5. Flex Ltd. (NASDAQ:FLEX)

Upside Potential: 8.43%
Current Price as of July 20: $28.59
52 Week High: $28.82
Number of Hedge Fund Holders: 64

Flex Ltd. (NASDAQ:FLEX) provides companies with real-time insight and logistics services for their supply chains. The stock has gained about 32.93% since the start of the year and reached near 52-week high, showing no signs of losing momentum.

Flex Ltd. (NASDAQ:FLEX) has a Strong Buy rating from 6 analysts, with an average price target of $31. This is an average of their forecasts, which range from $30 to $34. Compared to the current price of $28.59, this means an 8.43% rise in value.

As of the close of Q1 2023, 64 hedge funds owned stakes in Flex Ltd. (NASDAQ:FLEX), up from 61 in the previous quarter, as per Insider Monkey’s database. Andrew Wellington and Jeff Keswin’s Lyrical Asset Management was one of the company’s leading stakeholders in Q1.