Celestica: Unwarranted Premium Is Finally Cracking In Plain Sight

2026-02-03 10:00:00 ET

Celestica: AI Reckoning Could Hit Lower-Margin Partners Harder

Celestica Inc. (CLS) investors have underperformed their tech sector counterparts ( XLK ) since the highs in November 2025. Depending on which camp you belong to (obviously), the bulls will contend that this isn't something to be really concerned about. After all, the same bulls might highlight that CLS still has much buffer to spare (still up by 145% over the past year as I pen this update) in the event of any deep AI reckoning that could hit us this week or the next few weeks, as the AI evangelists take some time off to deliberate about NVIDIA (NVDA) CEO Jensen Huang's ( NVDA ) potentially pulling back from the brink of committing $100B into OpenAI's equity....

Read the full article on Seeking Alpha

For further details see: