The Latest Breaking News from Jabil Inc

With the central bank’s progress in controlling inflation, recession risks have subsided. Amid early signs of resilience, the IMF recently upgraded the outlook for the U.S. economy in 2023. Given this backdrop, fundamentally strong stocks Halliburton (HAL), Cardinal Health (CAH), and Jabil (JBL) could be ideal buy-and-hold options for solid…

The tech industry is expected to witness a rebound in 2023, thanks to the robust demand for tech goods and services. Moreover, technology executives signal spending this year despite the macro turbulence. Given the industry’s steady prospects, investors could consider buying quality tech stocks Jabil (JBL), Box (BOX), and Celestica…

Despite an uncertain macroeconomic environment and recessionary fears, the tech industry is anticipated to witness remarkable growth, driven by solid demand and rising investments. Therefore, we think fundamentally strong tech stocks Jabil (JBL) and TTM Technologies (TTMI) might be solid additions to your portfolio in 2023. Read on….

While inflation has been showing signs of cooling recently, it is still far beyond the Fed’s target rate. Consequently, the Fed is expected to keep raising the interest rates for some time, fueling the chances of a global recession. Therefore, it could be wise to invest in well-performing stocks Pfizer…

The technology industry is positioned for long-term growth due to the rapid adoption of new and emerging technologies and increased global tech spending. Given the industry’s bright growth prospects, it could be wise to add fundamentally strong and quality tech stocks Canon (CAJ), Jabil (JBL), and Box (BOX) to your…

While disappointing third-quarter earnings from big tech added to the pressure tech companies were facing due to the consistent increase in borrowing costs and slowing demand, the industry is consistently evolving and is well-positioned to grow significantly in the long run. Therefore, you would regret not investing in fundamentally sound…

The Fed’s aggressive monetary policy tightening has caused a significant tech sell-off this year. However, supportive federal policies and overwhelming demand are expected to keep the tech sector buoyed. Therefore, quality tech stocks Jabil (JBL), Extreme Networks (EXTR), and AudioCodes (AUDC) might be solid additions to your portfolio now. These…

The tech sell-off this year, due to the Fed’s aggressive rate hikes to combat the rising inflation, has led several fundamentally sound tech stocks to decline in price and trade at a discount. We think tech stocks, AudioCodes (AUDC), Extreme Networks (EXTR), Fujitsu (FJTSY), Jabil (JBL), and NTT DATA (NTDTY),…

Jabil Inc (NYSE:JBL) reported third-quarter FY22 revenue growth of 15.4% year-on-year to $8.33 billion, beating the consensus of $8.22 billion. Segments: Diversified Manufacturing Services (DMS) revenue grew 7% Y/Y. Electronics Manufacturing Services (EMS) revenue improved 23% Y/Y. Jabil's non-GAAP EPS of $1.72 beat the consensus of $1.62. Jabil held $1.07 billion in cash and…

The stock market has been experiencing wild swings since the beginning of the year on various macroeconomic and geopolitical concerns. In an environment of elevated market volatility, dividend growth stocks are considered attractive investments to ensure a steady income stream and capital appreciation. Thus, it could be wise to invest…

The Federal Reserve’s interest rate increases, and prolonged geopolitical uncertainties, have driven a massive technology sector sell-off since the start of this year. However, the increasing need for technological improvements across several industries, and strong corporate earnings, have helped the sector rebound. Therefore, we think it could be wise to…