Celestica (CLS) Surges 274% in a Year: Should You Ride the Wave?

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 ...