NEW YORK ( TheStreet) -- The last time I talked about Jabil Circuit (JBL - Get Report) I said the company was going to remain in a "holding pattern" for the foreseeable future. I didn't believe it was going to take this long.The company is in the midst of a very important transition that has been going on for almost a year. Although Jabil is one of the best brands in the electronics manufacturing service (EMS) business, the company has bigger ambitions including building its capabilities in diversified manufacturing, an area where (among others) Apple (AAPL) is a very important customer.
Jabil Is Still in Transition
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