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Based in Saint Petersburg, Florida, Jabil Inc. (JBL) provides manufacturing services and solutions worldwide. Valued at a market cap of $12.9 billion, the company operates in two segments: Electronics Manufacturing Services and Diversified Manufacturing Services.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and JBL fits right into that category, signifying its substantial size, stability, and dominance in the electronic industry. Strategic relationships with key customers, with the top five contributing 44% of net revenue, underscore Jabil's ability to maintain long-term partnerships and generate recurring revenue, though this reliance poses potential risks.