The company generates revenue equal to, or even greater than, its market cap. Even though profitability is low and revenue growth is flat, this metric is very strong. But under normal conditions, based on this data, the stock should not be rallying like this. That made me think institutions have very high confidence in this stock, and I saw that institutional ownership is 98.3%. By breaking above the 2000 resistance, it lit the torch for a rally that could last many years
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$FLEX
The company generates revenue equal to, or even greater than, its market cap. Even though profitability is low and revenue growth is flat, this metric is very strong. But under normal conditions, based on this data, the stock should not be rallying like this. That made me think institutions have very high confidence in this stock, and I saw that institutional ownership is 98.3%. By breaking above the 2000 resistance, it lit the torch for a rally that could last many years