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Jabil Circuit (JBL) Jumps: Stock Surges 12.2%

Jabil Circuit Inc. ( JBL ) was a big mover last session, as the company saw its shares rise over 12% on the day. The move came on the company's announcement of solid results for fourth-quarter and fiscal 2015 on Sep 24, 2015. This led to solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 17.9% in the last one month.

The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Jabil Circuit currently has a Zacks Rank #3 (Hold).

A better-ranked stock in the wider technology sector is Axcelis Technologies Inc. ( ACLS ), sporting a Zacks Rank #1 (Strong Buy).

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AXCELIS TECH (ACLS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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