This is not a software company, not even a chip company, this is an electronic manufacturing company. The stock declined 16.5% on poor fiscal 2Q earnings. While I don’t want to short the stock, I am thinking of buying 2026 put. The valuation is expensive and the stock could get to easily below $100.
But here is the kicker… if JBL’s of the world are declining then overall tech is not far behind!!