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Triple-Digit Triumphs: 3 Skyrocketing Stocks With More Upside Ahead
CLSCelestica(CLS) Investor Place·2024-06-21 20:07

Celestica (CLS) NRG shares are up over 56% YTD, while the utilities sector underperformed. The company managed to reverse a net loss of $1,335 million in Q1 2023 into a net income of $511 million in Q1 2024. Adjusted EBITDA increased 31.41% YOY. NRG's price-to-earnings (P/E) ratio of 11.55x is well below the industry average of 16.75x. This positions the firm as one of the stocks with more upside ahead. It is expected to increase approximately 45% to reach industry valuation and (barely) claim triple-digit ...