Celestica (CLS) Is An “Unbelievable” Story, Says Jim Cramer

Core Insights - Celestica Inc. (NYSE:CLS) is highlighted as a significant player in the AI ecosystem, particularly due to its partnership with Broadcom, which positions it favorably in the market [2] - Jim Cramer emphasizes that the perception of AI demand as "zero sum" is misguided, suggesting that there is ample opportunity for multiple companies to thrive in this space [2] - Celestica's stock has seen a remarkable increase of approximately 270-280%, indicating strong market performance and investor interest [2] Company Overview - Celestica Inc. provides contract manufacturing, supply chain, and various services to businesses, making it a key player in the technology supply chain [2] - The company is recognized as a preferred partner for Broadcom, which enhances its credibility and potential for growth within the AI sector [2] Market Perspective - The discussion around Celestica reflects a broader trend in the market where multiple players can coexist and succeed, countering the notion that advancements by one company necessarily detract from others [2] - There is a belief that while Celestica shows promise, other AI stocks may offer higher returns with limited downside risk, indicating a competitive landscape in AI investments [2]