Market Sell-Off: 1 Tech Stock to Buy Hand Over Fist Right Now
Shares of contract electronics manufacturer Jabil (NYSE: JBL) were clobbered following the release of the company's fiscal 2022 third-quarter earnings report on May 16. The stock fell 10% in a single session as investors were spooked about the possibility of a slowdown in the demand for its offerings. Jabil reported healthy growth despite the supply chain issues plaguing the semiconductor industry.