This Stock Could Outperform Seagate Technology

This Stock Could Outperform Seagate Technology

We think that Jabil Inc. currently is a better pick compared to Seagate Technology. Jabil stock trades at about 0.3x trailing revenues, much lower than the 1.8x for Seagate, while Jabil’s P/EBIT stands at just 12x, slightly lower than Seagate’s 13x. Does this gap in the companies’ valuations make…