Here's Why Celestica (CLS) is a Strong Growth 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 Potential - Celestica holds a Zacks Rank of 3 (Hold) with a VGM Score of B, indicating a solid position in the market [12] - The company is particularly appealing to growth investors, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 30.2% for the current fiscal year [12] - Recent upward revisions in earnings estimates by three analysts for fiscal 2025 have increased the Zacks Consensus Estimate by $0.28 to $5.05 per share, showcasing positive market sentiment [12] - Celestica has an average earnings surprise of 7.4%, further indicating its potential for outperforming expectations [12][13]