Stifel Identifies Top Supply Chain Technology Picks

Stifel has highlighted three companies—Celestica Inc. (NYSE:CLS), Jabil Inc. (NYSE:JBL) and TTM Technologies Inc. (NASDAQ:TTMI)—as its leading opportunities in the supply‑chain technology sector, emphasizing strong order backlogs, expanding artificial‑intelligence‑related revenues and earnings multiples that support forward‑looking valuations.

Celestica Inc.

Celestica is Stifel’s highest‑conviction selection. Management reports the strongest awarded backlog in the company’s history and a 2027 revenue floor of approximately $25.5 billion, with expectations that actual revenue will exceed this level. The stock trades at roughly 23 times forward earnings, which Stifel deems undemanding, translating to a PEG ratio of about 0.5 based on projected 46% earnings‑per‑share growth. Analyst activity includes Aletheia Capital raising its price target and Rothschild Redburn initiating coverage with a Buy rating. Additionally, Celestica appointed Steven Dorwart as President of its Connectivity and Cloud Solutions division.

Jabil Inc.

Jabil increased its fiscal 2026 AI‑related revenue guidance to $13.6 billion, up from $9 billion in the prior year, representing roughly a 50% increase. The company also guided fiscal 2027 AI growth at a comparable rate, implying a $20 billion revenue floor ahead of its longer‑term outlook framework following the September quarter results. Shares have compressed to about 19‑20 times forward earnings. The board authorized a share‑repurchase program of up to $1.5 billion, and Jabil declared a quarterly dividend of $0.08 per share.

TTM Technologies Inc.

TTM Technologies is trading about 30% below its June peak. It reported a book‑to‑bill ratio of 1.41× and a backlog of $787 million, a 52% year‑over‑year increase. The company reaffirmed its longer‑term annual growth outlook of 15‑20%, and projects close to 40% year‑over‑year revenue growth in 2026. TTM opened a new $130 million manufacturing facility in Syracuse, New York, dedicated to aerospace and defense applications, and was added to the Russell 1000 Index.

Market Indicators

At the time of publication, the referenced ticker movements were JBL –1.97%, TTMI +1.43%, and CLS –1.20%.