Today’s article takes us beyond basketball to introduce three stocks to buy in March. Forget buzzer-beaters and brackets, this March Madness is all about empowering your portfolio with artificial intelligence (AI). The global AI market is poised for significant growth, driven by its expanding applications across various industries. Forecasts indicate a robust compound annual growth rate (CAGR) of 37.3%, reaching a market size of nearly $2 trillion by 2030. Now, savvy investors are looking for slam-dunk stoc ...

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. ((NYSE, TSX:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced that its annual report on Form 20-F for the year ended December 31, 2023 has been filed with the United States Securities and Exchange Commission. The annual report on Form 20-F can be accessed on the company's website at www.celestica.com in the Investor Relations section. The Form 20-F can als ...

tadamichi Thesis Summary Despite the massive rally of the past couple of months, I believe Celestica Inc. (NYSE:CLS) still has room to run. I argue why current valuations still seem relatively cheap and set a price target of $66.60 for 2024 year-end. Introduction Celestica is a company that has a B2B business model, helping other companies with their technology. It has a very diversified customer base, and while with some companies Celestica helps mostly with software design, in others it goes more in-depth ...

We structure our business development teams by end market, with a focus on offering market insight and expertise, and complete manufacturing, HPS (in the case of our CCS segment) and supply chain solutions to our customers. We have customer-focused teams, each headed by a group general manager who oversees the global relationship with our key customers. These teams work with our subject matter experts to meet the requirements of each customer's product or supply chain. Our global network is comprised of suc ...

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. ("Celestica" or the "Corporation") ((NYSE, TSX:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced that the previously announced Annual and Special Meeting of its shareholders (the "Meeting"), to be held on Thursday, April 25, 2024 at 9:30 a.m. EDT, has been changed from a virtual-only format to a hybrid format. Celestica welcomes the participation of shareho ...

Nikada Investment Thesis Celestica (NYSE:CLS) delivered Q4 results that were slightly better than I expected. But as I've stated throughout, as an inflection investor, it's much more important to understand and gauge what investors are pricing in, rather than simply picking out high-growth stocks. That being said, I am pleasantly surprised by the strength of Celestica's Q1 2024 outlook. Even though management has not put out particularly bullish guidance for 2024, I believe that management is simply being p ...

style-photography/iStock via Getty Images Technology is on track for its best year since 2021, as shown by its price performance below, tracked using the Technology Select Sector SPDR ETF (XLK). Driven by seven of the most significant stocks in the market, tech’s terrific bounce-back from 2022 marked a stellar rebound amid a year of changes and groundbreaking advancements. Although past performance does not guarantee future results, this year’s tech stocks reflect some of the best Quant ideas from early ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...

Investors might want to bet on Celestica (CLS) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this electronics manufacturing services company, should get reflected in its stock price. After all, empirical research shows a str ...

Shares of Celestica (CLS) have been strong performers lately, with the stock up 22% over the past month. The stock hit a new 52-week high of $35.23 in the previous session. Celestica has gained 17.4% since the start of the year compared to the 3.5% move for the Zacks Computer and Technology sector and the 1.6% return for the Zacks Electronics - Manufacturing Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings cons ...