Does Jabil Have a Secret Weapon?
The electronics manufacturing industry is a very competitive industry with narrow margins. For Jabil (NYSE: JBL), it is no different. Currently, Jabil's operating margin is under 3% while others in its industry range from about 1% to 5%. However, in September's fourth quarter earnings call, management repeatedly expressed a desire to expand its margins. While it hasn't given specific details as to how it will do this, Jabil may be counting on a secret weapon: e-waste.
That's right, electronic waste.
What is Jabil doing?
Source Fool.com
