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An Incredibly Cheap Artificial Intelligence (AI) Stock to Buy Before It Goes on a Bull Run
Contract electronics manufacturer Jabil (NYSE: JBL) delivered healthy 27% stock price gains in the past nine months even after a sharp pullback in the company's shares in mid-February 2025. Even better, the stock's recent slide has made it an even more attractive investment option thanks to its improving growth prospects.Jabil provides design, production, and manufacturing services for verticals ranging from cloud and data centers to semiconductor capital equipment to networking and communications to automotive and transportation, among others. Its business got a boost from aggressive investments in artificial intelligence (AI) infrastructure, which explains why Jabil raised its growth forecast in December 2024 for the ongoing fiscal year.The boost was affirmed when Jabil released its fiscal 2025 second-quarter results (for the three months ended Feb. 28) on March 20. The company not only crushed Wall Street's expectations but also increased its full-year guidance once again.Continue reading
Contract electronics manufacturer Jabil (NYSE: JBL) delivered healthy 27% stock price gains in the past nine months even after a sharp pullback in the company's shares in mid-February 2025. Even better, the stock's recent slide has made it an even more attractive investment option thanks to its improving growth prospects.
Jabil provides design, production, and manufacturing services for verticals ranging from cloud and data centers to semiconductor capital equipment to networking and communications to automotive and transportation, among others. Its business got a boost from aggressive investments in artificial intelligence (AI) infrastructure, which explains why Jabil raised its growth forecast in December 2024 for the ongoing fiscal year.
The boost was affirmed when Jabil released its fiscal 2025 second-quarter results (for the three months ended Feb. 28) on March 20. The company not only crushed Wall Street's expectations but also increased its full-year guidance once again.
