Keeley Gabelli Mid Cap Dividend Fund on Jabil Inc.
Thesis
Jabil continues to post better-than-expected results and raised expectations for future earnings. Data-center infrastructure work such as rack assembly, cooling, and photonics integration is driving growth while previously weak end markets have stabilized. Management indicated that it does not expect the data-center pace to slow through its August 2027 fiscal year.
“management indicated on its June conference call that it does not see the pace slowing during its August 2027 fiscal year.”