Jabil Circuit, Inc. (JBL): This Electronic Manufacturer With All-Star Customers Is Cheap

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The Potential

If Jabil Circuit, Inc. (NYSE:JBL) is able to deliver the kind of revenues and earnings that are projected, shareholders could do very well indeed. Assuming a P/E of 10, which is still very low by Jabil’s historical valuation, if the company meets the consensus of $2.64 per share for the 2014 fiscal year (which begins this September), this could easily be a $26 stock at this time next year, a 30% upside over the current share price.

Matthew Frankel owns shares of Apple. The Motley Fool recommends Apple and Cisco Systems. The Motley Fool owns shares of Apple.

The article This Electronic Manufacturer With All-Star Customers Is Cheap originally appeared on Fool.com.

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