AAPL - Up 90% in a Year This Growth Stock Is About to Get a Massive Boost
Apple (NASDAQ: AAPL) supplier Jabil (NYSE: JBL) has proven itself a terrific investment over the past year. Shares of the contract electronics manufacturer have gained nearly 90% thanks to a sharp increase in the company's earnings and an uptick in the business environment that has encouraged it to bump its full-year guidance in recent quarters.
The good news for Jabil investors is that the stock could get another shot in the arm when it releases its fiscal 2021 fourth-quarter results in a couple of weeks. Let's look at the factors that could help Jabil beat expectations later this month, and why investors on the hunt for a growth stock trading on the cheap should consider buying it before earnings.
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Up 90% in a Year, This Growth Stock Is About to Get a Massive Boost