Flextronics International Ltd. (NASDAQ:FLEX) is in the list of the Mac computers assembler as Apple Inc (NASDAQ:AAPL)’s Chief Executive Officer Tim Cook goes ahead with his plans to manufacture more and more of the company’s devices in the U.S. in its annual supplier report, Apple informed that Flextronics assembled Macs in Austin, Texas in 2013. In a December 2012 interview, Cook had informed that Apple would be investing more than $100 million annually to increase manufacturing in the U.S. Flextronics, also known as Flex. With headquarters in Singapore and California, Flex is engaged with manufacturing components and electronics employed in avionics, medical equipments, flight controls and wearable devices. The company joins Quanta Computer Inc among other Asia based companies which supply Apple from around 60 facilities in the U.S. Taiwan based Quanta is already involved in manufacturing Macs for the iPhone maker in California. Flextronics International Ltd. (NASDAQ:FLEX) stock opened at $9.24 in last session, and closed at $9.18, while the day range of FLEX stock is $9.15-$9.24.The stock showed a positive weekly performance of 3.26%.
MobiTV, a global leader in enabling delivery of live and on-demand TV Everywhere, announced a strategic collaboration with Jabil Circuit, Inc. (NYSE:JBL) to bring wireless operators new opportunities for swift and cost-effective expansion into the home viewing ecosystem. Together, the companies have developed MobiTV’s white-label HDMI dongle that can be branded and deployed by wireless operators to deliver a turnkey in-home TV everywhere experience to their existing customers or as a value-add offering to entice new customers. The partnership leverages Jabil’s powerful manufacturing and distribution capabilities with MobiTV’s Connected Media Platform to bring the solution to market quickly. Jabil Circuit, Inc. (NYSE:JBL) stock opened at $18.73, in last session and closed at $18.48, by loosed -1.12%.The 52 week range was $15.30-$24.32.Company’s market capitalization is $3.81 billion.
A number of other analysts have also recently weighed in on BHE. Analysts at Sidoti initiated coverage on shares of Benchmark Electronics, Inc. (NYSE:BHE) in a research note on Wednesday, February 12th. They set a neutral rating on the stock. Analysts at Needham & Company upgraded shares of Benchmark Electronics, Inc. (NYSE:BHE) from a hold rating to a buy rating in a research note on Wednesday, February 5th. They now have a $26.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Benchmark Electronics presently has a consensus rating of Hold and a consensus target price of $24.97. Benchmark Electronics, Inc. (NYSE:BHE) stock loosed -0.21% and finished the last session at $23.73.The EPS of the stock remained 2.04.Company’s market capitalization is $1.29 billion.
On a related note, analysts at Scotia bank upgraded shares of Celestica Inc. (USA) (NYSE:CLS) from an “underperform” rating to a “sector perform” rating in a research note to investors on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the Celestica Inc. (USA) (NYSE:CLS). The stock currently has an average rating of “Hold” and an average price target of $11.56. Celestica Inc. (USA) (NYSE:CLS) stock opened the session at $9.45, and closed the session at $9.47.The 52 week range of the CLS stock remained $7.60-$11.49 and the day range was $9.41-$9.52.