All Star Analysts Portfolio Highlights: Chico's, Jabil Circuit, Intel and The Sports Authority
CHICAGO
Zacks.com
Jason Kissinger, 312-630-9880 x 260
myzacks@zacks.com
www.Zacks.com
Zacks.com just released its latest additions and deletions to the coveted All Star Analyst portfolio. This exclusive portfolio represents all stocks with a Strong Buy rating from at least five analysts with a 5 Star All Star ranking. These are the brokerage analysts whose stock recommendations proved to be the most profitable for investors. In 2003 this portfolio gained +46.6% nearly doubling the rise of the S&P 500. The members on the exclusive list are: Chico's FAS, Inc. (NYSE:CHS), Jabil Circuit, Inc. (NYSE:JBL), Intel Corporation (NASDAQ:INTC) and The Sports Authority (NYSE:TSA). View the entire list of stocks on the All Star Analyst portfolio at http://at.zacks.com/?id=510
Here is a synopsis of why these stocks are on the All Star Analysts Portfolio:
(snip...)
Jabil Circuit, Inc. (NYSE:JBL) is a worldwide independent provider of electronic manufacturing services. In June, the company posted fiscal third quarter results which represented solid sequential performance as well as strong year-over-year performance in both revenue and core earnings. Jabil's third quarter of fiscal 2004 core earnings increased +39% to $53.1 million, compared to $38.2 million for the same period of fiscal 2003. Core earnings per share increased +37% to 26 cents per diluted share for the period, compared to 19 cents for the same period of fiscal 2003. Net income for the third quarter of fiscal 2004 increased to $40.1 million compared to $4.5 million for the same period of fiscal 2003. GAAP diluted earnings per share for the third quarter of fiscal 2004 were 19 cents compared to 2 cents for the same period of fiscal 2003. The growth will continue as guidance for its fourth fiscal quarter of 2004 indicated that it currently foresees revenue in a range of $1.60 to $1.65 billion and core earnings of 25 cents to 27 cents per diluted share, depending upon levels of production. With growth across the board, it is no wonder several top All Star analysts are recommending JBL. (snip......)
Fat P/Es aren't being treated very kindly these days. However, one of my favorite measures of market activity went "bullish" for the first time in a while this week.
(based on data from Value Line's 1700 stock list)
It will be a lot more convincing if we see the "smoothed" data along with the raw dip into bullish territory. This indicator has been showing much less volatility than usual since last year. I think part of it is the coming election. Nobody's wanting to be betting too heavily right now, hence zilch for Speculation.
Best regards, Tom
Recent JBL News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/17/2024 08:22:52 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/16/2024 08:06:58 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/15/2024 08:03:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/09/2024 12:08:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 11:50:01 AM
- Jabil Posts Third Quarter Results • Business Wire • 06/20/2024 11:45:00 AM
- U.S. Index Futures Surge; Oil Prices Increase • IH Market News • 06/20/2024 10:56:57 AM
- Jabil’s Third Quarter of Fiscal Year 2024 Earnings Announcement Set • Business Wire • 06/06/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 10:17:01 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/30/2024 09:05:26 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:44:00 PM
- Jabil Expands Cloud-Server Capabilities with Enhanced Performance, Precision Timing and Greater Flexibility for Financial Services Industry Demands • Business Wire • 05/29/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:54:54 PM
- Jabil Reiterates Fiscal Year 2024 Guidance • Business Wire • 05/20/2024 01:10:00 PM
- Jabil Announces Leadership Transitions • Business Wire • 05/20/2024 01:05:00 PM
- Jabil to Present at Upcoming Conference • Business Wire • 05/17/2024 01:27:00 PM
- Paramount’s Shares Surge Following Sony and Apollo’s Joint Bid; ISS Backs Berkshire Hathaway Director Re-election, and More • IH Market News • 04/19/2024 11:31:22 AM
- Jabil Declares Quarterly Dividend • Business Wire • 04/17/2024 08:15:00 PM
- MaxLinear and Jabil Announce Silicon Photonics-Based Pluggable 800G Optical Module Production Availability • Business Wire • 03/25/2024 12:30:00 PM
- OpenLight Partners with Jabil to Address Accelerating Demand for Optical Components in AI, ML, and Datacenter Applications • PR Newswire (US) • 03/20/2024 05:30:00 PM
- Jabil Posts Second Quarter Results • Business Wire • 03/15/2024 11:45:00 AM
- Pre-Market Optimism as Investors Eye Weekly Gains; Dip in Crude Oil Prices • IH Market News • 03/15/2024 11:32:05 AM
- Jabil Receives Prestigious 2023 Shingo Prize in Shanghai • Business Wire • 03/07/2024 01:00:00 AM
FEATURED Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM
HealthLynked Expands Telemedicine Nationwide • HLYK • Jul 17, 2024 8:00 AM
Peer To Peer Network aka Mobicard™ Launches AI Investor Chatbot Boosting Engagement & Lead Generation on Ihub • PTOP • Jul 15, 2024 8:30 AM
Greenlite Ventures Announces AI Integration into No Limit Platforms • GRNL • Jul 15, 2024 8:00 AM