Jabil Inc.

JBL's P/E of 44.67 is extraordinarily expensive for a printed circuit board manufacturer—nearly double typical tech hardware valuations—yet the stock still sits 72.6 on the RSI, deep into overbought territory. This combination suggests the market has priced in aggressive future growth or margin expansion that leaves little room for disappointment. The valuation premium paired with extreme momentum indicators creates classic squeeze dynamics where any earnings miss could trigger sharp mean reversion. The fact that it's not at 52-week highs despite these stretched readings is telling: momentum may be exhausting even as prices hold elevated levels.