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Why Celestica (CLS) is a Top Growth Stock for the Long-Term
CelesticaCelestica(US:CLS) ZACKSยท2025-06-04 14:50

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 [12] - 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 [12] Investment Ratings - Celestica holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [13] - The company is considered a potential top pick for growth investors due to its strong Growth Style Score of A, forecasting a year-over-year earnings growth of 30.2% for the current fiscal year [13] Earnings Estimates - In the last 60 days, three analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.27 to $5.05 per share [13] - Celestica has an average earnings surprise of 7.4%, suggesting a positive trend in earnings performance [13] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Celestica is recommended for investors' consideration [14]