Jabil(US:JBL) ZACKSยท2025-07-24 17:00Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Jabil (JBL) - Jabil currently holds a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market [4] Price Performance - Over the past week, Jabil's shares increased by 0.88%, while the Zacks Electronics - Manufacturing Services industry declined by 0.57% [6] - In the last month, Jabil's stock price rose by 6.75%, outperforming the industry's 5.67% [6] - Over the past quarter, Jabil's shares surged by 56.35%, and over the last year, they increased by 106.35%, compared to the S&P 500's gains of 18.84% and 15.9%, respectively [7] Trading Volume - Jabil's average 20-day trading volume is 1,385,490 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, three earnings estimates for Jabil have been revised upward, with no downward revisions, leading to an increase in the consensus estimate from $8.93 to $9.39 [10] - For the next fiscal year, three estimates have also moved higher, indicating positive sentiment around Jabil's earnings potential [10] Conclusion - Given the strong performance metrics and positive earnings outlook, Jabil is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 1 (Strong Buy) [12]