When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
JNJ - Jabil: Strategic Transformation May Take Several Years
Johnson & Johnson
Investment Thesis
Jabil Inc. (JBL) delivered a solid quarter with double-digit growth in its top and bottom lines. While global economic uncertainties may present some near-term issues, we think Jabil is well-positioned to grow its business in the long-term. The company’s acquisition of Johnson & Johnson’s (JNJ) manufacturing sites will enable it to grow in the field of healthcare in the future. Jabil is also well-positioned to capture growth in 5G/wireless, cloud, and automotive markets. Its shares are also trading at a slight discount. We think a pullback will create an