2024-02-16 11:42:37 ET
Summary
- Celestica Inc. stock has surged 38.53% since my last review, showcasing strong financial performance and growth in the tech sector.
- Strategic investments in AI/ML and cloud solutions position Celestica for future success amid industry challenges.
- Record annual performance and a bright outlook for 2024 underscore Celestica's compelling value as a growth and momentum investment.
Investment Thesis
I wrote on Celestica Inc. ( CLS ) back in November, which has surged 38.53% since the publication. My article -- "Uncovering A Hidden Gem In The Tech Industry" -- was mentioned in SA Quant Strategist Steven Cress' article, which highlighted top stocks in 2024 when rotating investments out of the Magnificent 7. I have followed the stock for some time now and have issued an upgrade to my past rating....
Read the full article on Seeking Alpha
For further details see:
Celestica: Still A Shining Gem, The Green Continues (Rating Upgrade)