Celestica May Be One Of The Cleanest AI Infrastructure Plays Left
2026-05-28 09:05:00 ET
Investment Thesis
The investment thesis for Celestica ( CLS ) has evolved from "a dirty 'picks-and-shovels' way to buy exposure to the AI infrastructure cycle" to "one of the cleanest 'picks-and-shovels' ways to buy exposure to the AI infrastructure cycle." The old bear case centered around its status as a contract manufacturing business; CLS had cyclicality in revenue, a high degree of customer concentration, and narrow margin characteristics. The new bull case is stronger. Celestica is transitioning to be a co-designer , manufacturer, platform supplier, and supply chain partner for hyperscaler AI data center deployments. This transition is occurring precisely as networking becomes one of the largest bottleneck areas in AI cluster performance....
Read the full article on Seeking Alpha
For further details see:
Celestica May Be One Of The Cleanest AI Infrastructure Plays Left
NASDAQ: CLS:CC
CLS:CC Trading
2.11% G/L:
$13.55 Last:
202,727 Volume:
$13.27 Open:
CLS:CC Latest News
Tue, Jun 02, 2026 as of 4:00 pm ET
Tue, Jun 02, 2026 as of 10.00 am ET
Mon, Jun 01, 2026 as of 4:00 pm ET
