Despite Fast-paced Momentum, Celestica (CLS) Is Still a Bargain Stock
Celestica(CLS) ZACKS·2024-07-24 13:51
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 ...