Jabil Inc. (NYSE:JBL) is one of the top 12 HVAC stocks to buy now, according to Insider Monkey. Goldman Sachs raised JBL’s price target to $282 and reiterated a Buy rating, citing strong data center demand as a key driver of growth.

Jabil recently acquired Hanley Energy Group, specializing in energy management for data centers, for approximately $725 million in cash. The deal closed on January 2, 2026, with an additional earnout of up to $58 million based on future revenue targets.

Jabil executives see the acquisition of Hanley as strategically beneficial, enhancing the company’s data center offerings and power management capabilities. The move aligns with Jabil’s goal of providing customized solutions throughout the data center lifecycle.

Jabil Inc. (NYSE:JBL) offers engineering, manufacturing, and supply chain solutions across various industries, supporting electronics design and production in multiple markets. The company continues to expand its capabilities to meet evolving market demands.

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Read more at Yahoo Finance: Goldman Sachs Sees Data Center Demand Driving Continued Upside at Jabil (JBL)