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home / news releases / JBL - Jabil Poised For Significant Growth In 2024 (Technical Analysis)

JBL - Jabil Poised For Significant Growth In 2024 (Technical Analysis)

Jabil Inc.

2024-02-13 05:34:39 ET

Summary

  • Jabil reports a slight decrease in net revenue for Q1 2024 due to softer demand but shows a year-over-year increase in core earnings per share.
  • The company's diverse business model, including healthcare, semiconductor equipment, and AI-driven data centers, allows it to remain prominent in the market.
  • Jabil's agreement with BYD Electronics boosts its presence in electric vehicles and sustainable energy sectors, suggesting long-term growth potential.
  • The stock price has formed a bullish foundation and broken the bullish pennant, looking for a substantial price increase.

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For further details see:

Jabil Poised For Significant Growth In 2024 (Technical Analysis)
Stock Information
Company Name: Jabil Inc.
Stock Symbol: JBL
Market: NYSE
Website: jabil.com
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