Core Insights - Jabil Inc. and Sanmina Corporation are leading players in the electronics manufacturing services (EMS) industry, with Jabil being a prominent provider of EMS solutions globally [1][2] - The EMS industry is expected to grow significantly due to digital transformation, AI investments, and IoT adoption [3] Jabil Insights - Jabil has a diverse product portfolio and strong presence in various sectors, including AI data center infrastructure, automotive, and renewable energy [4] - The AI data center market is projected to grow from $13.62 billion in 2025 to $60.49 billion in 2030, with a compound annual growth rate of 28.3% [5] - Recent acquisitions, such as Hanley Energy Group and Mikros Technologies, have enhanced Jabil's capabilities in data center power management and thermal management [6] - Jabil operates a robust supply chain network across 100 locations in 30 countries, which enhances its reliability and scalability [7] - Jabil faces competition from companies like Celestica and Flex, but its strategic initiatives position it well for competitive advantage [7] Sanmina Insights - Sanmina emphasizes innovation and product diversification, working closely with customers to adapt to future manufacturing needs [8] - The company has developed a connected manufacturing process that improves decision-making by providing real-time data from global factories [10] - Sanmina has faced supply chain disruptions due to geopolitical issues but is working to strengthen its supply chain and is launching a new facility in Houston, TX [11] - The company is gaining traction in cloud and AI infrastructure markets, although competition from other EMS players remains a concern [12] Financial Performance - Sanmina's 2025 sales and EPS estimates imply year-over-year growth of 72.2% and 59.6%, respectively, with stable EPS estimates over the past 60 days [13] - Jabil's 2025 sales and EPS estimates indicate year-over-year growth of 8.8% and 18.46%, with a 4.52% upward trend in EPS estimates over the past 60 days [15] - Over the past year, Sanmina's stock has increased by 92.2%, while Jabil's has risen by 47.3% [16] - From a valuation perspective, Sanmina's shares trade at a forward P/E ratio of 15.11, compared to Jabil's 18.49 [17] Investment Outlook - Both companies are expected to benefit from net sales growth driven by AI proliferation, but Sanmina faces ongoing supply chain challenges [19] - Jabil's strategic acquisitions and product innovations position it favorably in the AI hardware supply chain, making it a more attractive investment option with a Zacks Rank 2 (Buy) [19][18]

分组1 - Momentum investing is characterized by the strategy of "buying high and selling higher," contrasting with the traditional approach of "buy low and sell high" [1] - Identifying the right entry point for fast-moving stocks can be challenging, as these stocks may lose momentum if their growth potential does not justify their high valuations [1] - The Zacks Momentum Style Score is useful for identifying momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] 分组2 - Jabil (JBL) is highlighted as a strong candidate for investment, showing a four-week price change of 1.7%, indicating growing investor interest [3] - JBL has gained 8% over the past 12 weeks, with a beta of 1.25, suggesting it moves 25% higher than the market on average [4] - JBL has a Momentum Score of A, indicating a favorable time to invest, and it has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates [5][6] 分组3 - JBL is trading at a Price-to-Sales ratio of 0.78, suggesting it is undervalued, as investors pay only 78 cents for each dollar of sales [6] - The stock has significant potential for growth, and there are other stocks that also meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Zacks offers over 45 Premium Screens to assist in finding winning stock picks based on various investing styles [8]

Company Overview - Khaveen Investments is a global investment advisory firm serving high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the Securities Exchange Commission (SEC) [1] - It offers comprehensive services including market and security research, business valuation, and wealth management [1] Investment Strategy - The flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] - The investment approach integrates top-down and bottom-up analysis, blending three core strategies: global macro, fundamental, and quantitative [1] Core Expertise - The firm's core expertise lies in disruptive technologies that are reshaping modern industries [1] - Key focus areas include Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Core Insights - Khaveen Investments is a global investment advisory firm that serves high-net-worth individuals, corporations, associations, and institutions [1] - The firm is a registered investment adviser with the SEC and offers services including market and security research, business valuation, and wealth management [1] - The flagship Macroquantamental Hedge Fund has a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] Investment Strategies - Khaveen Investments employs a multifaceted investment approach that integrates top-down and bottom-up analysis [1] - The firm blends three core strategies: global macro, fundamental, and quantitative [1] Focus Areas - The core expertise of Khaveen Investments lies in disruptive technologies that are reshaping modern industries [1] - Key sectors of focus include Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Financial Performance - Net revenue for the three months ended November 30, 2025, was $8,305 million, an increase of 18.7% compared to $6,994 million for the same period in 2024[101] - Gross profit for the same period was $742 million, representing 8.9% of net revenue, up from 8.7% in the prior year[111] - The Intelligent Infrastructure segment saw a 54% increase in net revenue, driven by a 48% increase from existing customers in the cloud and data center infrastructure business[109] - The Regulated Industries segment's net revenue increased by 4%, primarily due to a 3% increase in revenues from the renewable energy infrastructure business[109] - The Connected Living and Digital Commerce segment experienced an 11% decrease in net revenue, mainly due to a 13% decline from existing customers in the connected living business[109] - Core operating income (Non-GAAP) for the three months ended November 30, 2025, was $454 million, up from $347 million in 2024, representing a 30.7% increase[130] - Net income attributable to Jabil Inc. (U.S. GAAP) for the three months ended November 30, 2025, was $146 million, compared to $100 million in 2024, marking a 46% increase[130] Expenses and Charges - Selling, general and administrative expenses rose to $344 million, an increase of $39 million compared to $305 million in the previous year[112] - Research and development expenses remained stable at $7 million, consistent as a percentage of net revenue at 0.1%[113] - The company reported a decrease in restructuring, severance, and related charges to $76 million from $83 million in the prior year[116] - The effective income tax rate increased to 33.6% for the three months ended November 30, 2025, compared to 28.0% in 2024, reflecting a 5.6% change primarily due to jurisdictional earnings mix and an $18 million tax benefit reversal[124] Cash Flow and Liquidity - Adjusted free cash flow (Non-GAAP) for the three months ended November 30, 2025, was $272 million, an increase from $226 million in 2024[134] - As of November 30, 2025, the company had approximately $1.6 billion in cash and cash equivalents, with a significant portion held by foreign subsidiaries[146] - The company expects its liquidity sources to adequately fund capital expenditures, dividends, share repurchases, and potential acquisitions for the next 12 months and beyond[145] - As of November 30, 2025, the company had $4.0 billion in available unused borrowing capacity under revolving credit facilities, with $3.2 billion available under the senior unsecured credit agreement[148] - Net cash provided by operating activities for the three months ended November 30, 2025, was $323 million, compared to $312 million for the same period in 2024[157] - Net cash used in investing activities during the same period was $(180) million, primarily for the acquisition of Rebound Technologies and capital expenditures[159] Acquisitions - On January 2, 2026, the company completed the acquisition of Hanley Energy Group for cash consideration of $751 million, enhancing its energy management solutions[135] - The acquisition of Rebound Technologies for $133 million was completed on September 1, 2025, aimed at strengthening supply chain services[137] Share Repurchase and Dividends - The company expects to continue declaring and paying regular quarterly dividends similar to past declarations, subject to Board approval[162] - As of November 30, 2025, the company had repurchased 1.4 million shares for $300 million under its share repurchase programs[163] - The Board of Directors authorized a share repurchase program of up to $1.0 billion on July 17, 2025, with approximately $913 million remaining as of the end of the reporting period[174] - The company repurchased a total of 1,746,604 shares of common stock during the three months ended November 30, 2025, at an average price of $206.54 per share[174] Compliance and Reporting - The company was in compliance with all covenants under its global asset-backed securitization program as of November 30, 2025[155] - The financial information for the quarterly period ended November 30, 2025, includes condensed consolidated balance sheets and statements of operations compared to the same period in 2024[182] - The report was signed by the Chief Executive Officer and Chief Financial Officer on January 9, 2026[185]

Core Insights - Jabil, Inc. has completed the acquisition of Hanley Energy Group for $725 million, enhancing its capabilities in energy management and critical power solutions for data centers [1][9] Industry Trends - Organizations across various sectors are rapidly integrating AI to streamline operations and gain competitive advantages, leading to increased energy consumption in AI data centers compared to legacy systems [2] - The AI data center market is projected to grow from $13.62 billion in 2025 to $60.49 billion by 2030, with a compound annual growth rate of 28.3% [4] Company Developments - Jabil's acquisition of Hanley Energy will strengthen its portfolio by integrating power management solutions with its existing data center expertise and global manufacturing capabilities [3] - The company is investing $500 million in the Southeast U.S. to expand manufacturing and workforce development for cloud and AI data center infrastructure [4] - Jabil's previous acquisition of Mikros Technologies highlights its commitment to enhancing capabilities in liquid cooling and thermal management within the AI data center sector [5] Competitive Landscape - Jabil faces competition from companies like Celestica and Flex, which are also expanding their presence in the AI data center market through partnerships and innovative solutions [6][7] - Flex has announced collaborations with LG Electronics and NVIDIA to develop advanced cooling systems and energy-efficient AI data centers, indicating its rapid growth in this space [6] Financial Performance - Jabil's stock has increased by 47% over the past year, while the Electronic-Manufacturing Services industry has grown by 97.6% [8] - Earnings estimates for Jabil have improved, with projections for 2025 rising by 4.52% to $11.55 per share and for 2026 increasing by 2.52% to $13.41 [11] - The company's shares currently trade at a price/earnings ratio of 18.31, which is lower than the industry average of 24.54 [10]

Group 1 - The core viewpoint of the article is that investors reacted negatively to Jabil's acquisition of Hanley Energy Group, resulting in a stock price drop of over 7% [1][4]. - Jabil announced the acquisition of Hanley Energy Group for approximately $725 million in cash, with an additional contingent consideration of up to $58 million [2][6]. - The acquisition is aimed at enhancing Jabil's power management solutions for data centers, as stated by the executive vice president, highlighting the synergistic benefits of the deal [4][6]. Group 2 - Jabil's market capitalization is reported at $26 billion, with a current stock price of $223.44 after the recent decline [6]. - The stock's trading range for the day was between $222.01 and $249.00, and it has a 52-week range of $108.66 to $249.00 [6]. - The company has a gross margin of 8.83% and a dividend yield of 0.13%, indicating its financial performance metrics [6]. Group 3 - The article suggests that the acquisition aligns with the growing demand in the data center sector, particularly due to the resource needs driven by artificial intelligence [7]. - Hanley Energy Group has a global presence with 13 locations across four continents, which could enhance Jabil's operational capabilities [7]. - The lack of details on the funding for the acquisition may have contributed to investor skepticism and the subsequent sell-off [6].

Core Insights - Jabil, Inc. (JBL) has experienced a stock price increase of 58.1% over the past year, underperforming compared to the industry growth of 97.6% and peers like Celestica Inc. (CLS) which surged 206.2% [1][8] Group 1: Company Performance - Jabil's revenue for fiscal 2026 is projected to reach $32.4 billion, an increase from the previous estimate of $31.3 billion, with earnings per share (EPS) raised to $11.55 from $11.00 [10][8] - The Zacks Consensus Estimate for Jabil's fiscal 2026 earnings has increased by 12.4% to $11.55 per share, indicating positive sentiment regarding the stock's growth potential [13] Group 2: Growth Drivers - Jabil is expected to benefit from growth in AI data center infrastructure, capital equipment, and warehouse automation markets, alongside the rapid adoption of 5G wireless and cloud computing [6][10] - The company's focus on end-market and product diversification is a key growth catalyst, aiming for no single product or product family to exceed 5% of operating income or cash flows in any fiscal year [5] Group 3: Strategic Initiatives - Jabil has reorganized its internal structure to align operations with specific end markets, aiming to develop domain-specific expertise and enhance responsiveness to market demands [9] - The company is positioned to capitalize on growth opportunities in sectors such as AI data center hardware, power and energy infrastructure, and healthcare, supported by strong margins and robust free cash flow [16][17] Group 4: Technological Advancements - Jabil's optical modules, developed in collaboration with Intel Corporation, are designed to enhance performance in AI/ML applications, promising significant improvements in data transmission efficiency and reliability [12][11] - The company's commitment to leveraging cutting-edge technology positions it as a strategic partner in the AI/ML ecosystem, enhancing its competitive edge [11]

Core Viewpoint - Jabil (JBL) is recognized as a strong buy with a Zacks Rank 1, indicating positive growth potential despite its valuation metrics suggesting caution for value-oriented investors [1]. Company Overview - Jabil, Inc. provides manufacturing services and solutions through its Electronics Manufacturing Services (EMS) and Diversified Manufacturing Services (DMS) segments, focusing on various industries including aerospace and automotive [2]. Earnings Performance - Jabil has consistently exceeded earnings expectations, with the latest EPS reported at $2.85, surpassing the Zacks Consensus Estimate of $2.72 by 4.8% [4]. - The average positive earnings surprise over the last four quarters stands at 8.3% [4]. Earnings Estimates Revisions - Earnings estimates for Jabil have been revised upwards, with the fiscal year 2026 estimate increasing from $11.05 to $11.55 and fiscal year 2027 from $13.08 to $13.41 over the past 60 days [5]. Valuation Metrics - Jabil's forward earnings multiple is 20x, which is considered high given the expected growth rates of 8% for this year and 7% for the next [6]. - The price-to-book ratio is noted at 19x, which may deter value-focused investors, while the price-to-sales ratio is 0.83x, indicating limited market valuation on incremental sales [6]. Operating Margins - Operating margins have shown improvement, increasing from 3.1% to 3.3% and most recently to 3.4% [7].

Core Viewpoint - Jabil Inc. has successfully acquired Hanley Energy Group for approximately $725 million, with additional contingent consideration of up to $58 million based on future revenue thresholds [1] Company Summary - Jabil Inc. is a global leader in engineering, supply chain, and manufacturing solutions [1] - Hanley Energy Group specializes in energy management and critical power solutions for the data center infrastructure market [1] Financial Details - The acquisition was completed on January 2, 2026 [1] - The total acquisition cost is approximately $725 million, with potential additional payments of up to $58 million contingent on future performance [1]