|Bid||30.44 x 1000|
|Ask||30.47 x 800|
|Day's Range||30.19 - 30.81|
|52 Week Range||21.49 - 31.50|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||27.89|
|Forward Dividend & Yield||0.32 (1.05%)|
|1y Target Est||N/A|
"The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]
It was Fed day on Wednesday, with the Federal Reserve saying that it is not raising rates but that it will act appropriately if the data warrants it. Essentially, it is willing to be accommodative, which is reassuring to investors, provided Fed Chair Powell doesn't say something hawkish in his press release. Let's look at some top stock trades in light of today's move. Top Stock Trades for Tomorrow 1: Uber Click to EnlargeShares of Uber (NYSE:UBER) have been trading better since the IPO hoopla, putting in a series of higher lows over the past few weeks. Is the stock finally ready to breakout? * 5 Strong Buy Biotech Stocks for the Second Half It might be. Uber poked its head above the $45 IPO price, but retreated shortly after. Over this mark and investors will surely be looking for upside. However, they'll want to see a run higher over $45.70, where it has continually been met with sellers throughout this month.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut you know what they say: the more times a level is tested, the more likely it is to give way. With a series of higher lows pressuring UBER higher, I'm looking for this one to eventually breakout over $45. Top Stock Trades for Tomorrow 2: Jabil Click to EnlargeShares of Jabil (NYSE:JBL) are slowly but surely grinding higher on Wednesday after better-than-expected earnings results. After finding the 200-week moving average as support a few weeks ago, shares quickly vaulted above the 20-week and 50-week moving averages as well.It sets up a big test of $31, which has been range resistance for two years now. Should it act as resistance again, a pullback will likely get underway. If it gives way though, it could ignite a potent rally over this mark.Watch $31 to $31.40. Over this area and JBL stock could fly. Top Stock Trades for Tomorrow 3: Adobe Systems Click to EnlargeAdobe Systems (NASDAQ:ADBE) is rallying after better-than-expected earnings and despite worse-than-expected guidance for next quarter. That's surprising, given most stocks trade on guidance rather than the past quarterly results.But it doesn't matter; price action does.Wednesday's rally vaults ADBE over the key $285 level. As long as it can maintain this price, bulls can stay long. Over $292 will land Adobe at new highs and could spark a rally to $300.Below $285 puts the 50-day back in play. Below that puts its June lows on the table. Top Stock Trades for Tomorrow 4: Shopify Click to EnlargeDoes this stock ever stop? While we've nailed a few good trades in Shopify (NASDAQ:SHOP) here on InvestorPlace, I admit that I missed my opportunity to buy this name as a long-term hold. But my oh my, what a breathtaking rally this has been. * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer That said, don't make it more complicated than it needs to be. Simply put, this one is bouncing higher off its 20-day moving average, rallying to channel resistance (blue line) and consolidating its gains until the 20-day catches up again. Below the 20-day and SHOP may need to reset. Otherwise, keep it simple.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post 5 Top Stock Trades for Thursday: UBER, JBL, ADBE, SHOP appeared first on InvestorPlace.
Jabil shares rose nearly 11% Wednesday after the circuit maker and Apple supplier released strong third-quarter results. Third-quarter core earnings were 57 cents a share vs. 46 cents a year earlier and met consensus estimates of 57 cents.
Investing.com - Jabil Circuit soared Wednesday as its fiscal third-quarter revenue beat estimates and drew praise from Wall Street, though the chipmaker warned growth in the sector would continue to stutter.
Jabil (JBL) delivered earnings and revenue surprises of 1.79% and 2.11%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?
Jabil Inc NYSE:JBLView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for JBL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting JBL. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding JBL totaled $67.91 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. JBL credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Jabil (NYSE: JBL ) announces its next round of earnings Tuesday, June 18. Here's Benzinga's look at Jabil's Q3 earnings report. Earnings and Revenue Analysts covering Jabil modeled for quarterly EPS of ...
Jabil (JBL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The St. Petersburg company claims GE left it with $2.1 million in raw, useless materials after it broke a supply agreement.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use...
Clearwater’s Tech Data Corp. is the top Tampa Bay area company on the annual Fortune 500 list, ranking No. 88 with $37 billion in revenue last year. Tech Data is one of eight Tampa Bay area companies to make the list, which is in its 65th year of publication. Here is how some of Tampa Bay’s largest companies ranked this year: No. 91 – Publix Super Markets, headquartered in Lakeland, which operates 1,215 supermarkets in seven Southeast states with 202,000 employees, reported $36 billion in revenue.
The decline came after China said it would raise tariffs to as much as 25 percent on up to $60 billion worth of U.S. goods.
Moody's Investors Service ("Moody's") upgraded Jabil Inc.'s ("Jabil") senior unsecured debt rating to Baa3 from Ba1 as a result of improved revenue diversification and expectations for consistent cash flow generation. Moody's also changed the outlook to stable from positive.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! While small-cap stocks, such as Jabil Inc. (NYSE:JBL) with its market cap of US$4.6b, are popular for...
The elite funds run by legendary investors such as David Tepper and Dan Loeb make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don't follow. Because of their pay structures, they have strong incentives to do the research necessary […]
Jabil, a manufacturer for tech giants like Apple, is closing one of its Silicon Valley sites and laying off or transferring hundreds of local employees.