Jim Cramer on Flex Ltd.: “I Say Buy”

Flex Ltd. (NASDAQ:FLEX) was among the stocks Jim Cramer discussed on Mad Money, highlighting several companies with market caps over a trillion dollars. Responding to a caller’s question about the stock, Cramer said:

I look at Flex, and I think, jeez, these guys are so good. This is a perfect example of what could still go up another 50% without a problem. I’m not going to fight you on it. I say buy.

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Flex Ltd. (NASDAQ:FLEX) provides manufacturing and supply chain solutions for industries including automotive, healthcare, and data centers. A caller inquired about the stock during the April 20 episode, and Cramer responded:

Oh, that thing is just a rocket ship. Again, you know, this is the problem…. it is just a monster. And everyone keeps raising the price target, raising the price target, and I begin to think, you know, it’s doing it without me. It’s doing it without me. It’s doing so many things that are great. They just bought a really terrific power company. What can I say? I just can’t recommend it here. It’s too high. It’s just too high. I don’t want to hurt people. Let it come in.

While we acknowledge the risk and potential of FLEX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FLEX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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