Jabil: Growth Acceleration To Be Driven By AI Revenue

I downgraded my rating to hold for Jabil (NYSE: JBL ) when I wrote about it last October (2023) as I believed the share price had already reflected any near-term upside. Based on my current outlook and analysis on JBL, II consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of com ...