Jabil Inc. (JBL) is a global manufacturing services provider with a market cap of $23.8 billion, offering digital prototyping, printed electronics, and more. JBL is considered a large-cap stock, emphasizing its dominance in the electronic components industry with long-term customer partnerships.

JBL shares hit a 52-week high of $237.14 on Sept. 23, currently trading 6.2% below. While the stock has gained 3.9% in the past three months, it lags behind the Technology Select Sector SPDR Fund’s 6.1% gains during the same period, showcasing moderate performance.

Despite recent volatility, JBL’s stock has surged 54.5% year-to-date and 66.4% over the past 52 weeks, outperforming the Technology Select Sector SPDR Fund. The stock has shown technical strength by holding above its moving averages, indicating renewed investor confidence in the company.

Jabil’s strong positioning in AI and data center infrastructure has fueled robust demand in its Intelligent Infrastructure segment, leading to its outperformance in the market. Wall Street analysts remain bullish on JBL’s future, with a consensus “Strong Buy” rating and a mean price target of $248.56, suggesting an 11.8% potential upside from current levels.

Read more at Yahoo Finance: How Is Jabil’s Stock Performance Compared to Other Tech Stocks?