This week’s JBL stock price action underscores sector resilience despite macroeconomic uncertainties. The company’s integration of advanced robotics in production lines has investors betting on improved margins, potentially supporting sustained moves above the $62 level. While we acknowledge the potential of JBL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock . Jabil Inc. (JBL), founded in 1966, has transformed from a circuit board assembler into a global design, manufacturing, and supply chain powerhouse with 140,000 employees across 30 countries. The company’s Intelligent Infrastructure segment has become its growth engine, generating nearly 40% of sales, with management forecasting $7.5–8.5 billion in AI-related revenue for fiscal 2025, up 40–50% year-over-year. JBL stock price has recently shown modest upward momentum, trading around $61.34 at market close on June 12, 2024, up 1.2% on the day. Analysts note strength in the electronics manufacturing sector as demand from data centers and AI hardware continues to expand. Short-term resistance sits near $62.50, with support around $59.80.
