Group 1: Celestica (CLS) - Celestica is a provider of critical assembly components and manufacturing support to leading original equipment manufacturers [2] - CLS shares have experienced significant gains over the last three years, currently trading 22% below its 52-week high of 12.72 billion [3] - The Zacks Electronics-Manufacturing Services Industry, where Celestica operates, is in the top 6% of nearly 250 Zacks industries, indicating high demand for its services [4] Group 2: GE Aerospace (GE) - GE Aerospace focuses on aviation technologies, producing commercial and defense airline engines, and is a core holding for many hedge funds [5] - GE's stock is near its 52-week high of 6.3-280 [10][11] - The bank trades at a forward earnings multiple of 14.2X and offers a 1.94% annual dividend, with a payout ratio under 30% [11] - JPMorgan has a history of dividend growth, with an annualized dividend growth rate of 6.03% over the last five years [11]
3 Portfolio Worthy Stocks to Buy on the Dip: CLS, GE, JPM