Plexus (PLXS) Named Cash-Producing Standout, ANGI (ANGI) and Knight-Swift (KNX) Draw Scrutiny
StockStory on June 2, 2026 identified Plexus (NASDAQ: PLXS) as a company that excels at turning cash into shareholder value, while raising caution flags on ANGI Homeservices (NASDAQ: ANGI) and Knight-Swift Transportation (NYSE: KNX). The analysis focused on free cash flow efficiency, noting that mere cash generation does not guarantee wise reinvestment. Plexus, an electronics design and manufacturing firm, is on StockStory's radar despite a modest trailing 12-month free cash flow margin of 1.8%. Its stock traded at $271.46, implying a forward price-to-earnings multiple of 29.9. The report suggests Plexus's capital allocation could create value. In contrast, ANGI, operator of the Angi home services marketplace, drew skepticism with a 2.7% free cash flow margin and a stock price of $6.36, equating to 4.4 times forward EV/EBITDA. Knight-Swift, a trucking company with a 10% free cash flow margin, was also flagged; shares at $77.93 trade at 32.6 times forward P/E, prompting the question of why StockStory steers clear. The report underscores that robust cash flow alone does not signal a buying opportunity without smart reinvestment.