For a couple of quarters now, I've thought that
Jabil Circuit (NYSE:
JBL)
looked undervalued on a long-term basis, but that the trends in the
electronic manufacturing services (EMS) industry were likely to keep the
stock stuck. To that end, the shares are down about 1% for the year,
even though the company's business with
Apple (Nasdaq:
AAPL)
seems to be ramping up well. I continue to believe that Jabil's current
price understates its long-term value, but I also believe that getting
the timing right on when to buy this stock could be tricky given the
ongoing malaise across so much of consumer and tech hardware.
Please continue here:
http://www.investopedia.com/stock-analysis/2012/Jabil-Likely-Still-In-A-Holding-Pattern-JBL-AAPL-CSCO-FLEX1221.aspx
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