Author Bio
Harsh has been covering technology, and sometimes retail, since 2011. He is focused on finding great businesses for the long run. You can follow him on twitter @techjunk13
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Jabil (NYSE:JBL) came into 2021 with momentum on its side thanks to an uptick in business activity across several verticals, including healthcare, automotive, connected devices, and mobility. So, it wasn't surprising to see the company raise its fiscal 2021 revenue guidance when it released its fiscal second-quarter results in mid-March.
Jabil's revenue and earnings crushed estimates and the stock surged to its highest levels in two decades after the report. Let's take a closer look at what's working for Jabil and why this stock looks primed for more upside.