One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Jabil now clears that threshold, with a jump from 80 to 87 Friday.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating north of 80 as they begin their biggest price moves.
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Jabil is building a consolidation with a 174.80 buy point. See if it can clear the breakout price in volume at least 40% above average.
Earnings grew 15% last quarter, up from -23% in the prior report. Revenue also increased, from -17% to -1%.
The company holds the No. 3 rank among its peers in the Electronics-Contract Manufacturing industry group. Celestica is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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