This Canadian Electronics Stock Keeps Surging On AI Spend
CelesticaCelestica(US:CLS) Investors·2025-10-29 19:19

Group 1 - Celestica's stock rose 3.5% on Wednesday, following a strong earnings report, marking a total increase of 14% since the earnings announcement [1] - Celestica specializes in designing and manufacturing complex components for defense, telecom, and medical sectors, previously being a manufacturing unit of IBM [1] - The rising capital expenditures on data centers for artificial intelligence are expected to benefit the entire tech stack of computer gear makers [2] Group 2 - Jabil's composite rating increased to 96, indicating strong performance and growth potential [4] - Several stocks related to AI infrastructure are experiencing significant demand, with some data center stocks seeing a 206% increase [4] - Analysts are favoring stocks with magnificent earnings growth, particularly those related to AI, as they continue to rally [4]