Jabil Stock Implodes: Market Manufactures Entry for New Money

Key PointsJabil Inc. had a weak quarter following the sale of its mobility business, but margin and cash flow remain solid. Capital returns are reducing the share count quickly, building leverage for investors. Analysts support the market but may cap gains in the near term. 5 stocks we like better than JabilJabil Inc. NYSE: JBL stock price is down 10% in early trading, extending a decline that began before the Q2 release and may fall further. However, the decline is due more to market mechanics than the res ...