Friday, September 30, 2011

Investopedia: Is Jabil Quietly Loading Both Barrels?

Investors should be careful to place only a very few stocks in the "permanently uninvestable" box. Typically this is reserved for companies where management is untrustworthy, the business is in inexorable decline or the cyclicality is just too much to bear. While I confess to being quite hard on Jabil Circuit (NYSE:JBL) in the past and very nearly putting it in that dreaded box, this company may actually be shaping up as an interesting play for the next few years.

A Solid Close to the Year  
Part of my skepticism on Jabil has been based on the company's customer list. Right now, if you rely on Cisco (Nasdaq:CSCO), Research In Motion (Nasdaq:RIMM) and NetApp (Nasdaq:NTAP) for meaningful revenue dollars, you cannot be feeling too good. And yet, Jabil managed to post a very solid quarter all the same - testament, perhaps, to the company's diversity of clients and markets.

Read more here:
http://stocks.investopedia.com/stock-analysis/2011/Is-Jabil-Quietly-Loading-Both-Barrels-JBL-CSCO-RIMM-NTAP-FLEX-JNJ-CLS0929.aspx

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