Jabil Inc. (NYSE:JBL) is one of the 10 Trending AI Stocks on News and Ratings. On July 2, Stifel analyst Ruben Roy resumed coverage on the stock with a “Buy” rating and a price target of $245.00. The coverage resumes following Jabil’s growing exposure to artificial intelligence infrastructure.

“We are resuming coverage of Jabil, Inc (JBL) with a Buy rating and $245 Target Price. While the majority of Electronic Manufacturing Services (EMS) companies have significantly outperformed YTD (+28%) vs. S&P (+4%), we believe that multiple expansion can be attributed to ongoing improvement in end-market mix, margin expansion, and increasing exposure to AI-related data center infrastructure investment. “

Jabil (NYSE:JBL) delivers comprehensive manufacturing and design services, including electronics and electro-mechanical product development, prototyping, validation, and assembly.

While we acknowledge the potential of JBL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in the Spotlight and 10 Buzzing AI Stocks on Wall Street Right Now.  Disclosure: None.