AAPL - Jabil: A Low-Risk Bet On The Booming Global Electronics Market
- With a forward P/E<10x expected earnings, Jabil offers considerable value in an arguably over-valued market.
- With 2020 revenue of $27.3 billion, Florida-based Jabil is one of the largest global Electronic Manufacturing Services companies.
- As a result, the company offers a low-risk opportunity to benefit from a continued boom in the global electronics market. The company recently significantly raised FY21 guidance.
- Earlier this month, Jabil announced it was acquiring California-based sustainable packaging firm Ecologic Brands, famous for its shower-proof paper-based bottles.
- Jabil is up 35% since my first article on the company in August of last year. The company can easily run-up another 30% to $60/share.
For further details see:
Jabil: A Low-Risk Bet On The Booming Global Electronics Market