JNJ - Jabil Inc.: Electronics Manufacturer Is A Great Combo Of Growth & Value
- Jabil recently released another sparkling EPS report, beating estimates by a whopping $0.26/share.
- Yet despite a 60%+ move in the stock price since my first SA article on the company last August, JBL still trades at a forward PE multiple of only 10.9x.
- The company continues to benefit from its relationship to Apple, but has nicely diversified its portfolio, which is now - in my opinion - significantly more resilient to market cycles.
- JBL is a BUY based on bullish FY21 expectations for revenue, margin, and core EPS.
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Jabil Inc.: Electronics Manufacturer Is A Great Combo Of Growth & Value