Jim Cramer Says Jabil Has “Been Sensational”

Jabil Inc. (NYSE:JBL) is one of the stocks Jim Cramer highlighted recently. Cramer noted the company’s consistent repurchases and industry momentum. He said:

“Hey, then there’s another one. Jabil, a contract manufacturer for tech and healthcare that’s been sensational, buying back stock at 5% annually. That’s one worth looking into. Why? Because Celestica, a competitor, is killing it. I’m filing it away. I put it away for another time.”

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Jabil Inc. (NYSE:JBL) delivers manufacturing, design, and product management services, including electronics design, prototyping, and systems assembly. Cramer mentioned the company in a June episode and said:

“Jabil is so terrific that even though it’s up on a spike… I am again going to bless it. Why? Because it only sells at 22 times earnings, and it’s the kind of company you need to deal with right now. They’ll understand all the tariff problems and they’ll help you.”

While we acknowledge the risk and potential of JBL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JBL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.