The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Celestica (CLS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question. The Zacks Rank is a successful stock-picking model that ...

Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times. Celestica (CLS) is one of the several great candidates that made it through ...

Pixelimage CLS 24 97% Oakoff Investments [J] Sam $6.700 PE (FWD) My Thesis Update Canada Mar. 19, 2024 2:14 AM ET | Celestica Inc. (CLS) Stock, CLS:CA Stock Summary The company's strong financial performance includes increased revenue, improved operating profit margins, and successful Q4 results. I believe the CLS stock should trade 40% higher than today by the end of 2025, assuming the potential for revenue growth from the hyperscaler market continues and historically high margins are maintained. Seeking A ...

The first company has solidified its market presence with impressive revenue gains in the retail and merchandise sectors. A recent legal victory enhancing financial stability further bolsters its fundamental solidity. On the other hand, the second company has capitalized on the rising demand for AI and networking solutions. It is driving substantial revenue growth and margin expansion. Finally, the third company has recordbreaking sales and profitability improvements. This points to its leadership in innova ...

Earnings Surprise History Our proven model does not conclusively predict an earnings beat for Celestica for the second quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Image Source: Zacks Investment Research Image Source: Zacks Investment Research Celestica currently has an ESP of 0. ...

Heading into today, shares of the electronics manufacturing services company had lost 3.81% over the past month, lagging the Computer and Technology sector's loss of 3.17% and the S&P 500's gain of 2.14% in that time. The most recent trading session ended with Celestica (CLS) standing at $56.32, reflecting a -0.91% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.78%. On the other hand, the Dow registered a loss of 1.29%, and the technology-centric Nasdaq decr ...

In the latest trading session, Celestica (CLS) closed at $59.40, marking a -0.13% move from the previous day. This move lagged the S&P 500's daily gain of 0.55%. Meanwhile, the Dow gained 0.62%, and the Nasdaq, a tech-heavy index, added 0.63%. Prior to today's trading, shares of the electronics manufacturing services company had gained 4.77% over the past month. This has lagged the Computer and Technology sector's gain of 5.73% and outpaced the S&P 500's gain of 4.28% in that time. The Zacks Rank system ran ...

With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Celestica. Brokerage Recommendation Trend ...

Buoyed by solid AI traction, Celestica Inc. (CLS) has gained a stellar 274.1% over the past year compared with the industry's growth of 23%. It has also outperformed its peers like Flex Ltd. (FLEX) and Jabil Inc. (JBL) over this period. Image Source: Zacks Investment Research Celestia had largely been a beneficiary of the ongoing generative AI boom, thanks to the solid demand trends for AI/ML compute and networking products from hyperscale customers. In addition to the high-performance 800G family of networ ...

https://onlinexperiences.com/Launch/QReg/ShowUUID=408CCB11-9839- 4E12-8BEC-59BEA61D589A&LangLocaleID=1033 TORONTO, July 08, 2024 (GLOBE NEWSWIRE) -- Celestica's (TSX: CLS) (NYSE: CLS) second quarter financial results and conference call will take place on Thursday, July 25. The conference call start time is 8:00 a.m. ET. Financial results will be released after market close on Wednesday, July 24. For those unable to participate, a recorded webcast will be available approximately two hours after completion o ...