Jabil Circuit, Inc. (NYSE:JBL)
The Company is an independent provider of electronic manufacturing services and solutions.
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I found this recognizable brand name stock when it recently short-circuited into the red from $31 to $29. After looking at its 6 month chart, my instinct told me it looks like a pretty good buy. I wish I'd been there in June when it imploded from $35 to $25. It's been making a very steady, solid-looking recovery since then, and appears stubbornly heading back to its former height. Plus, it's got a dividend. (Disc: I don't own JBL, but would feel relatively safe owning it as a speculative short-term trade. Too bad I don't have extra funds.)
Recs
JBL had a few problems this year but ready to rock and roll again. Great fundamentals and great management.
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record year ended aug. 1st qtr may be new record qtr. restated year 05 may not change very much
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Recs
Jabil has always had better financials than their competing contract manufacturers. It will continue to be a rocky road in the industry, but JBL is a relative blue chip in this business.
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strong player ready to re-run run run
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