Shares of Celestica (CLS) have been strong performers lately, with the stock up 16.7% over the past month. The stock hit a new 52-week high of $52.46 in the previous session. Celestica has gained 77.8% since the start of the year compared to the 16.3% move for the Zacks Computer and Technology sector and the 8.1% return for the Zacks Electronics - Manufacturing Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earn ...

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today launched four new networking switches designed to help enterprises meet the performance and connectivity demands of modern businesses. Expanding on Celestica's portfolio of networking switches, the four new switches include: ES1000 - 1GbE, 24 or 48 port, secured access switchES1010 - 1GbE, 48 port, secu ...

Investors should pay more attention to stocks that are trading for a discount. They offer outstanding buying opportunities, especially if the stock starts to gain momentum. Investors will have bought in at a low price.A large number of investors tend to follow the popular stocks and ones that have already seen incredible share price appreciation. And are inclined to avoid companies that aren’t as exciting even though their long-term possibility of overall success may be much greater.When choosing stocks tha ...

The Best AI Stock to Buy in May: It's Very Under-the-Radar Shutterstock Investing in AI stocks isn’t easy. Generally, AI stocks have run up huge amounts across the past year and now stand at tough-to-stomach valuations, or companies are saying they have AI exposure but it’s not impacting their financial results. Across this past earnings season, we’ve seen plenty of semiconductor stocks with AI storylines sell off as weakness in other areas of technology (like smartphones or electric vehicles) overwhelm s ...

Celestica (CLS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this electronics manufacturing services company have returned +4.9%, compared to the Zacks S&P 500 composite's +0.2% change. During this period, the Zacks Electronics - Manufacturing Services industry, which Celestica falls in, has lost 4%. The key question now is: What c ...

Celestica (CLS) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this electronics manufacturing services company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlat ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help ...

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. ((NYSE, TSX:CLS), a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, today announced, in accordance with the requirements of the Toronto Stock Exchange, that the nominees listed in its management information circular were elected as directors of the company at its Annual and Special Meeting of Shareholders held earlier today. On a vote by ballot, each of the following nine nominees proposed by man ...