Jabil Inc. (JBL) Is "One Of The Greatest Technology Companies," Says Jim Cramer

We recently published 12 Stocks Jim Cramer Mentioned In An Episode Where He Briefly Commented On Data Centers. Jabil Inc. (NYSE:JBL) is one of the stocks Jim Cramer recently discussed.

Jabil Inc. (NYSE:JBL) is a contract manufacturer that is one of Cramer’s top stocks in the space. He defended the firm after its fiscal fourth quarter earnings report that was released on September 25th. Even though the shares fell after the report, Cramer continued to have faith in Jabil Inc. (NYSE:JBL) and ascribed the stock price movement to broader negative market sentiment. People were “throwing the good out with the bad,” said Cramer as he asserted that Jabil Inc. (NYSE:JBL) had a really good quarter. This time, he went a step ahead and called the firm one of the greatest technology companies out there:

“One of the greatest technology companies that people don’t talk about is Jabil. And they manufacture pretty much everything they don’t just do tech. I think they are one of the best judges of where you can make something, tariff or no tariff. And demand. I love them and have for a long time. They had a great quarter and the stock’s down and we’ll see if we can figure out what’s going on.”

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.

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.