How Jabil Circuit, Inc. (JBL) Can Push Higher

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One area where Jabil is looking to make improvements is in labor costs. The company has cited rising costs in China as one reason why it has boosted its workforce in neighboring Vietnam, with plans to triple the number of workers it has in its Ho Chi Minh City factory over the next couple of years.

In Jabil’s quarterly report, look beyond the iPhone to see how the company’s business producing networking equipment is performing. With some recent good news in the networking space, success for Jabil Circuit, Inc. (NYSE:JBL)’s customers in the segment could lead to better results for Jabil as well.

The article How Jabil Circuit Can Push Higher originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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