1 Cheap Tech Stock That's a Screaming Buy Right Now

·4-min read
1 Cheap Tech Stock That's a Screaming Buy Right Now

Investors surprisingly pressed the sell button last week following the release of Jabil's (NYSE: JBL) second-quarter fiscal 2023 earnings report (for the three months ended Feb. 28), even though the contract electronics manufacturer's numbers were better than what Wall Street forecast. Jabil's stock price dropped, as investors were probably expecting a bigger beat from a company that counts Apple (NASDAQ: AAPL) as its biggest customer. The good part is that savvy investors now have an opportunity to capitalize on Jabil's drop and buy the stock on the cheap.