Pixelimage My Thesis Update I initiated coverage of Celestica Inc. (NYSE:CLS) stock in mid-March 2024 with a “Buy” rating, calling it “the ultimate AI pick at a reasonable price, unlike many other stocks in this space.” At the time, I assumed that due to its track record of shareholder returns through buybacks and a possible 40% undervaluation, the stock should continue to experience an upward trend, at least in the medium term. I believe my thesis aged quite well since then so far, with CLS expanding b ...