In today’s post:

  • ⚑ Sales +21%. Profit +39%

⚑ Sales +21%. Profit +39%

Flex $FLEX ( β–² 0.12% ) spent decades as the company that builds other companies' products. Contract manufacturing. The kind of business that gets one paragraph in a textbook and never mentioned again.

Then AI data centres started demanding absurd amounts of power and cooling, and it turned out Flex already made both.

The stock now trades at 27.52x forward earnings. So here's the only question that matters: are you buying a real structural shift, or paying AI prices for a supply chain company?

Let's follow the money.

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