Celestica: A Deep Dive Into A Mysterious Grower

tadamichi Thesis Summary Despite the massive rally of the past couple of months, I believe Celestica Inc. (NYSE:CLS) still has room to run. I argue why current valuations still seem relatively cheap and set a price target of $66.60 for 2024 year-end. Introduction Celestica is a company that has a B2B business model, helping other companies with their technology. It has a very diversified customer base, and while with some companies Celestica helps mostly with software design, in others it goes more in-depth ...