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This Tech Stock Could Make a Huge Post-Earnings Move
CLSCelestica(CLS) Schaeffers Investment Research·2025-04-23 18:27

Celestica Inc (NYSE:CLS) stock is up 6.9% to trade at 88.48today,enjoyingbroadmarkettailwindsandbothRBCCapitalandCLSGlobemaintainingtheir"outperform"ratings.TheCanada−basedelectricalhardwarefirmstepsintotheearningsconfessionalFridaymorning,andcouldbepoisedforanevenbiggermoveonthecharts. CLSshookofftwoprice−targetcutsthisweektobreakoutofachanneloflowerlowssinceaFeb.5recordhighof88.48 today, enjoying broad market tailwinds and both RBC Capital and CLS Globe maintaining their "outperform" ratings. The Canada-based electrical hardware firm steps into the earnings confessional Friday morning, and could be poised for an even bigger move on the charts. CLS shook off two price-target cuts this week to break out of a channel of lower lows since a Feb. 5 record high of 144.27. The shares are 4.3% lower in 2025, but still boast a 101% ...