"All that is gold does not glitter,
Not all those who wander are lost;
The old that is strong does not wither,
Deep roots are not reached by the frost.
From the ashes a fire shall be woken,
A light from the shadows shall spring;
Renewed shall be blade that was broken,
The crownless again shall be king."
-- "All That Is Gold Does Not Glitter," by J.R.R. Tolkien
One of the most positive signs for the electronics and computer hardware markets this earnings season comes from manufacturing expert Flextronics
This is good for the entire field of electronics, because it means that Flextronics is receiving plenty of orders from its customers, which range from Cisco Systems
We might get some more confirmation of this angle tonight, when rival electronics manufacturer TTM Technologies
So it wasn't a massive earnings shocker by any means, but when the ether is abuzz with recession talk 24/7, even a mild outperformance is good news. Place your investment dollars accordingly, and remember that rock-bottom markets offer the biggest discounts.
Dell and Microsoft are Motley Fool Inside Value recommendations. Dell and TTM Technologies are Motley Fool Stock Advisor selections. Try any of our Foolish newsletter services today, free for 30 days.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. You can check out Anders' holdings if you like, and Foolish disclosure always stretches after exercise, just to stay limber.