Celestica, Inc. (CLS) Is a Trending Stock: Facts to Know Before Betting on It

Shares of this electronics manufacturing services company have returned -9.2% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Electronics - Manufacturing Services industry, to which Celestica belongs, has lost 6.7% over this period. Now the key question is: Where could the stock be headed in the near term? Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its s ...