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Jim Cramer on Celestica: “My Only Worry is Maybe It’s Too Late to Buy”
Yahoo Finance· 2025-10-31 02:30
Company Overview - Celestica Inc. (NYSE:CLS) is a provider of supply chain and manufacturing solutions, offering services such as design, engineering, assembly, logistics, and after-market support [2]. Stock Performance - Celestica's stock has seen a remarkable increase, tripling in value over the year, which translates to a 253% rise as of the latest report [1]. - The stock jumped nearly $25 or 8% in response to a strong quarterly performance and a positive investor day presentation [1]. Market Position and Growth Drivers - The company is benefiting from the data center boom, as it manufactures a significant amount of hardware for data centers [1]. - Celestica has begun designing its own equipment, which is seen as a lucrative opportunity for the company [1]. Future Outlook - The company provided a strong forecast for 2026, indicating confidence in its growth trajectory [1].