Finding high-growth investment opportunities in the middle of volatile markets is like finding gold. These days, three exceptional businesses have surfaced, all displaying eye-catching numbers and bright futures that attract the attention of astute investors throughout the globe. To begin with, the first one stands out due to its incredible financial boost. With an impressive yearly increase and quarterly boost in adjusted EBITDA, the business demonstrates solid cost control and operational efficiency. More ...

We previously covered Celestica Inc. (NYSE:CLS) in March 2024, discussing how it had been a beneficiary of the ongoing generative AI boom, with the increased demand for ML/ AI-related products likely to trigger its accelerated top/ bottom line growth through FY2026. Despite the inherently lower-margin manufacturing business model, we believed that there remained great long-term growth opportunities, attributed to the ramp-up in Thailand/ Malaysia operations, with us initiating a Buy rating then. Since then, ...

J Studios Celestica Stock Easily Outperformed Celestica Inc. (NYSE:CLS) investors have outperformed the S&P 500 (SPX) (SPY) since my bullish CLS article in March 2024. The IT solutions provider is engaged in the Advanced Technology Solutions and Connectivity & Cloud Solutions businesses. As a reminder, the company's ATS segment has pulled down its highly remarkable growth over the past year, attributed to macro headwinds impacting its industrial base. Celestica observed headwinds in "inventory backlog in EV ...

IR_Stone Impressive Price Performance: Will it Continue? Over the past year, Celestica's (NYSE:CLS) stock price surged more than 400%. Most of that rapid rise was thanks to the fast revenue growth and the company's AI compute programs it was delivering to the hyperscalers. Share price has not only outperformed the S&P 500 but also Nvidia by nearly 150%. CLS price performance (Seeking Alpha) The company reported a strong Q1 quarter with both top and bottom-line beats. Revenue was $2.21 billion (+20% YoY), be ...

Celestica (CLS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this electronics manufacturing services company have returned +20.3% over the past month versus the Zacks S&P 500 composite's +7.3% change. The Zacks Electronics - Manufacturing Services industry, to which Celestica belongs, has gained 10.5% over this period. Now the key question is: Where could the stock ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Celestica (CLS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Celestica currently has an average brokerage recommendation (AB ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Celestica (CLS) : This company which is one of the largest electronics manufacturing services company in the world, serving the computer, and communications sectors, has seen the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.DXP Enterprises (DXPE) : This company which is a leading products and service distributor that adds value and total cost savings solutions to industrial customers thro ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...

Shares of Celestica (CLS) have been strong performers lately, with the stock up 16.7% over the past month. The stock hit a new 52-week high of $52.46 in the previous session. Celestica has gained 77.8% since the start of the year compared to the 16.3% move for the Zacks Computer and Technology sector and the 8.1% return for the Zacks Electronics - Manufacturing Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earn ...

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today launched four new networking switches designed to help enterprises meet the performance and connectivity demands of modern businesses. Expanding on Celestica's portfolio of networking switches, the four new switches include: ES1000 - 1GbE, 24 or 48 port, secured access switchES1010 - 1GbE, 48 port, secu ...