CLS:CC News and Press, Celestica Inc. Subordinate Voting Shares From 06/19/24

2024-06-19 17:00:00 ET Investors looking for stocks to buy and hold for the next decade could look for companies with solid fundamentals and a growing earnings base. Further, one should focus on buying shares of high-quality companies at reasonable prices. This strategy will help invest...

2024-06-17 20:15:00 ET Growth stocks are those companies that have the potential to grow their financials above the industry average, thus delivering superior returns in the long run. Enticed by the expectation of oversized returns, investors are ready to pay a premium, driving their va...

2024-06-14 20:45:00 ET Yesterday, the Bureau of Labour Statistics announced that the United States Consumer Price Index rose 3.3% in May, lower than analysts’ projection of 3.4%. Despite easing inflation, the Federal Reserve remained hawkish and expects only one rate cut this year. M...

2024-06-13 17:00:00 ET Will the hype over or surrounding artificial intelligence, or AI, ever stop? On June 12, 2024, the market cap of NVIDIA ( NASDAQ:NVDA ), the acknowledged AI king, rose to above US$3 trillion to join Apple and Microsoft in the exclusive club. Ge...

2024-06-13 16:40:00 ET With a remarkable 94% increase in its share prices so far in 2024, Celestica ( TSX:CLS ) stock is continuing to be the top-performing TSX stock this year. CLS stock’s outstanding performance is mainly supported by its ability to maintain solid financial...

2024-06-13 09:30:00 ET It can be difficult to find a tech stock that looks safe. There are so many companies out there that analysts and investors believe could be the next big thing. But some of us want stability and safety and still receive growth. That’s what we’ve been...

2024-06-11 21:00:00 ET With inflation showing signs of easing, the Bank of Canada slashed its benchmark interest rates by 25 basis points to 4.75% last week. It was the first rate cut since March 2020. Lower interest rates could boost economic activity, thus driving financials and stock pri...

2024-06-10 11:52:15 ET Summary Celestica Inc.'s revenue for Q1 2024 exceeded expectations, driven by strong growth in the CCS segment. The company's EPS guidance for the next quarter anticipates a higher tax rate that may not materialize. Celestica raised its full-year outlook...

2024-06-06 21:00:00 ET The TFSA (tax-free savings account) allows you to earn tax-free returns on a specified amount called contribution room. The contribution room for this year is $7,000, while the cumulative room remains at $95,000. Investors, though, should be careful while investin...

2024-06-04 19:00:00 ET Investing via the TFSA (Tax-Free Savings Account) enhances overall returns in the long term. The reason is that the capital gains, dividends, and interest earned in a TFSA are not taxed. The TFSA contribution limit is $7,000 for 2024, which investors can leverage ...