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Fabrinet Deserves A Higher Multiple

September 11th, 2017 · No Comments

  • A financially sound and cheap contract manufacturer hobbled by disappointing quarterly guidance.
  • We think the sell-of is a little overdone.
  • It seems to us investors are overlooking the share buyback program and the coming considerable reduction in capex.

Source: Fabrinet Deserves A Higher Multiple – Fabrinet (NYSE:FN) | Seeking Alpha

Tags: FN