Celestica (CLS) closed the latest trading day at $55.91, indicating a +0.2% change from the previous session's end. This change outpaced the S&P 500's 0.16% loss on the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq decreased by 0.18%.Heading into today, shares of the electronics manufacturing services company had gained 0.78% over the past month, lagging the Computer and Technology sector's gain of 6.77% and the S&P 500's gain of 3.15% in that time.The investm ...

With the first half of 2024 nearly gone, investors may wonder which stocks have more upside ahead by the year’s end and beyond. Many names have struggled in the face of high interest rates and recession fears. However, several skyrocketing stocks have defied skeptics and capitalized on favorable tailwinds.As we enter the hot summer months, lower inflation, potential interest rate cuts and the transformative impact of artificial intelligence (AI) are key factors shaping a favorable environment for investors ...

TORONTO, June 20, 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, has amended its existing senior secured credit agreement ("Existing Facility")*, with an upsizing of the total facility to $1.5 billion ("Amended Facility") to support continuing growth. The Amended Facility consists of the following key changes to the Existing Facility: Revolving loan facility upsized to $7 ...

TORONTO, June 20, 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, has amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility to $1.5 billion (“Amended Facility”) to support continuing growth. The Amended Facility consists of the following key changes to the Existing Facility: Revolving loan facility upsized to ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Celestica (CLS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Celestica is one of 618 companies in the Computer and Technology group. The Computer and Technology group currently sits at #12 within the Zacks Sector Ra ...

Celestica (CLS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this electronics manufacturing services company have returned +8.3%, compared to the Zacks S&P 500 composite's +4.2% change. During this period, the Zacks Electronics - Manufacturing Services industry, which Celestica falls in, has gained 6.1%. The key question now is: What could be the stock ...

Considering the Nasdaq has now climbed +30% over the last year, it can be harder to find tech stocks that are reasonably valued. However, several technology-driven stocks were added to the Zacks Rank #1 (Strong Buy) list today and are starting to stand out in terms of their valuation.With that being said, here are three of these favorably valued top-rated tech stocks to consider at the moment.Celestica (CLS) Value Score: B Being one of the largest electronics manufacturing services companies in the world, C ...

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 ...

Investors might want to bet on Celestica (CLS) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual invest ...

Celestica (CLS) closed at $55.57 in the latest trading session, marking a -0.63% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. On the other hand, the Dow registered a loss of 0.3%, and the technology-centric Nasdaq increased by 0.56%. The electronics manufacturing services company's stock has climbed by 24.65% in the past month, exceeding the Computer and Technology sector's gain of 7.61% and the S&P 500's gain of 5.06%. The upcoming earnings release of Cele ...