Here's Why Celestica (CLS) is a Strong Momentum Stock

Company Overview - Celestica is one of the largest electronics manufacturing services companies globally, headquartered in Ontario, Canada, serving original equipment manufacturers and various service providers across multiple industries [11] - The company offers a wide range of manufacturing and supply-chain solutions, including design and development, engineering services, electronics manufacturing and assembly, and IT asset management [11] Investment Insights - Celestica holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [12] - The company has a Momentum Style Score of B, with shares increasing by 30.4% over the past four weeks [12] - Recent analyst activity shows three analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate rising by $0.27 to $5.05 per share [12] - Celestica has an average earnings surprise of 7.4%, suggesting potential for positive performance [12] Conclusion - With a strong Zacks Rank and favorable Momentum and VGM Style Scores, Celestica is positioned as a noteworthy option for investors [13]