Jim Cramer on Jabil: "It's Becoming an Even More Valuable Partner for its Customers"

Jabil Inc. (NYSE:JBL) is one of the relatively cheap S&P 500 stocks Jim Cramer talked about. Cramer made some positive comments about the company, as he said:

“I also like Jabil, boy, that’s a great company, contract manufacturer, all sorts of electronics. It’s becoming an even more valuable partner for its customers this year amid all of this trade uncertainty.”

Jabil Inc. (NYSE:JBL) delivers manufacturing and design solutions, including electronics design, prototyping, product validation, and systems assembly. The company serves industries from healthcare and mobility to cloud and automotive. Cramer mentioned the company during the September 9 episode and commented:

“Hey, then there’s another one. Jabil, a contract manufacturer for tech and healthcare that’s been sensational, buying back stock at 5% annually. That’s one worth looking into. Why? Because Celestica, a competitor, is killing it. I’m filing it away. I put it away for another time.”

While we acknowledge the potential of JBL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.