So, Jabil (NYSE: JBL). It’s up. Again. I mean, really? It’s been creeping up for three days. Three! Like it’s entitled to some sort of stock market participation trophy. And now everyone’s getting excited. It’s just… irritating. They call it “positive outlook,” I call it a temporary blip fueled by people who probably haven’t even seen a data center. It’s up almost 5% as of this afternoon. Five percent! What are we, amateur hour?
Apparently, Goldman Sachs, those beacons of financial wisdom, decided to raise their price target from $255 to $282. Two hundred and eighty-two! It’s like they just pulled a number out of a hat. Based on… data center demand? Please. Everyone’s building data centers. It’s the new avocado toast. Suddenly, it’s a growth industry. I’m sure it’s very profitable for someone.
So, if Jabil closed yesterday at $241.34, this Goldman guy thinks it could go to $282. That’s, what, 17% upside? It’s all theoretical. It’s like saying my chances of finding a decent parking spot in Manhattan are 17%. Sure, technically possible, but let’s be realistic. And then Bank of America chimed in, boosting their target too. It’s a feeding frenzy. A perfectly predictable, completely annoying feeding frenzy.
Is it too late? Of course, it’s too late.
Look, analysts are fine, I guess. They have jobs. But let’s not pretend their opinions are gospel. Jabil says it’s projecting revenue growth in 2026. 2026! That’s, like, forever from now. A lot can happen between now and 2026. The entire market could be underwater. And they’re profitable. Great. So is the guy selling hot dogs outside my office. Doesn’t mean I’m investing in his business.
They’re linking it to AI, naturally. Artificial Intelligence. The new buzzword. Everyone’s throwing around “AI” like it’s some magical solution to all our problems. It’s just code. Complicated code, maybe, but still just code. I’m not saying it’s a bad company. I’m just saying… the hype. The unnecessary hype. It’s exhausting. It’s certainly worth considering, they say. Like I have time to consider everything. I have a life, you know? Or at least, I used to before I started following the stock market.
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2026-01-15 20:52