Friday, December 21, 2012

Investopedia: Jabil Likely Still In A Holding Pattern

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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