Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...

Plexus (PLXS) came out with quarterly earnings of $1.9 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.45 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +11.11%. A quarter ago, it was expected that this electronic manufacturing services company would post earnings of $1.54 per share when it actually produced earnings of $1.66, delivering a surprise of +7.79%. There are no ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Jabil (JBL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Jabil is a member of our Computer and Technology grou ...

Core Viewpoint - The market anticipates Celestica (CLS) to report a year-over-year increase in earnings driven by higher revenues in its upcoming earnings report for the quarter ended June 2025 [1][3]. Earnings Expectations - Celestica is expected to post quarterly earnings of $1.24 per share, reflecting a year-over-year increase of +36.3% [3][19]. - Revenues are projected to reach $2.65 billion, which is an 11% increase from the same quarter last year [3][19]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4][19]. - The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.81%, suggesting a bullish outlook from analysts [12][19]. Earnings Surprise Potential - Celestica has a Zacks Rank of 2 (Buy), which, when combined with a positive Earnings ESP, indicates a high likelihood of beating the consensus EPS estimate [12][20]. - Historically, Celestica has surpassed consensus EPS estimates in three out of the last four quarters, with a notable surprise of +8.11% in the last reported quarter [13][14]. Industry Context - Celestica operates within the Zacks Electronics - Manufacturing Services industry, where it is positioned as a compelling earnings-beat candidate [18][20].

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Baozun Inc. (BZUN) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Baozun Inc. is a member of the Computer and Technology sector. This group includes 606 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Ra ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Allegro MicroSystems, Inc. (ALGM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Allegro MicroSystems, Inc. is one of 607 companies in the ...

Shares of Jabil (JBL) have been strong performers lately, with the stock up 30.9% over the past month. The stock hit a new 52-week high of $227.54 in the previous session. Jabil has gained 57.1% since the start of the year compared to the 8.2% gain for the Zacks Computer and Technology sector and the 47.6% return for the Zacks Electronics - Manufacturing Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensu ...

Group 1 - Celestica's stock increased by 2.81% to $159.26, outperforming the S&P 500's gain of 0.83% and the Dow's rise of 0.77% [1] - Over the past month, Celestica's stock has risen by 29.19%, leading the Computer and Technology sector's gain of 8.25% and the S&P 500's gain of 4.99% [1] Group 2 - Celestica is projected to report earnings of $1.23 per share, representing year-over-year growth of 35.16%, with expected revenue of $2.65 billion, a 10.95% increase compared to the previous year [2] - For the full year, analysts expect earnings of $5.05 per share and revenue of $10.91 billion, marking changes of +30.15% and +13.15% respectively from last year [3] Group 3 - Recent modifications to analyst estimates for Celestica reflect short-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, provides an actionable rating system, with Celestica currently holding a Zacks Rank of 3 (Hold) [5][6] Group 4 - Celestica is trading with a Forward P/E ratio of 30.65, which is a premium compared to the industry average Forward P/E of 21.91 [7] - The Electronics - Manufacturing Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 42, placing it in the top 18% of over 250 industries [7][8]

Core Insights - Celestica, Inc. (CLS) has experienced a significant stock surge of 67.9% year-to-date, outperforming the Electronics - Manufacturing Services industry's growth of 44.7% and the broader Computer & Technology sector as well as the S&P 500 [1][8] Company Performance - The company has outperformed peers such as Jabil, Inc. (JBL) and Sanmina Corporation (SANM), with Jabil's shares increasing by 54.2% and Sanmina's by 33.8% [2][8] - Celestica's strong research and development capabilities enable it to produce high-volume electronic products and complex technology infrastructure products across various industries, enhancing its market penetration [3][8] Market Position - The company maintains a strong presence in multiple sectors, including aerospace and defense, industrial, communications, enterprise, HealthTech, and capital equipment, which helps reduce dependence on any single industry [4][8] - In Q1 2025, Celestica's current ratio was 1.43, surpassing the industry's 1.19, indicating a solid position to meet short-term obligations. The times interest earned improved to 11.4 from 6.2 a year ago, and the debt-to-capital ratio is 37.7%, compared to the industry's 45.9% [5][8] Challenges and Competition - The Electronics - Manufacturing industry is highly competitive, with significant competition from giants like Foxconn, Jabil, and Sanmina, as well as smaller regional players [6][8] - Jabil is gaining traction in the AI data center infrastructure market, which could challenge Celestica's prospects in that vertical. Sanmina is also enhancing its position in the data center vertical through a $3 billion acquisition [9][10] Global Exposure - Celestica generates a significant portion of its revenues outside North America, making it vulnerable to geopolitical volatility and foreign exchange fluctuations [11][8] Future Outlook - Earnings estimates for Celestica for 2025 and 2026 have remained unchanged over the past 60 days, with current estimates at 1.23 for Q1, 1.29 for Q2, 5.05 for FY 2025, and 6.07 for FY 2026 [13][14] - The company is expected to benefit from solid demand for its 400G and 800G switch products, driven by the increasing use of high bandwidth-intensive AI applications [15][8]

Company Performance - Jabil (JBL) closed at $175.84, reflecting a -1.81% change from the previous day, underperforming compared to the S&P 500's daily loss of 1.13% [1] - The stock has increased by 7.54% over the past month, outperforming the Computer and Technology sector's gain of 7.36% and the S&P 500's gain of 3.55% [1] Upcoming Earnings - Jabil's earnings report is scheduled for June 17, 2025, with an expected EPS of $2.28, representing a 20.63% increase from the prior-year quarter [2] - The consensus estimate anticipates revenue of $6.98 billion, indicating a 3.18% increase from the same quarter last year [2] Annual Forecast - Zacks Consensus Estimates project earnings of $8.93 per share and revenue of $27.82 billion for the entire year, reflecting changes of +5.18% and -3.68% respectively compared to the previous year [3] - Recent changes to analyst estimates for Jabil may indicate shifting near-term business trends, with positive alterations suggesting analyst optimism [3] Valuation Metrics - Jabil has a Forward P/E ratio of 20.05, which is higher than the industry average Forward P/E of 19.66 [6] - The company has a PEG ratio of 1.6, compared to the Electronics - Manufacturing Services industry's average PEG ratio of 1.37 [7] Industry Context - The Electronics - Manufacturing Services industry ranks in the bottom 17% of all industries, with a Zacks Industry Rank of 206 [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]