15 JHVEPhoto Investment thesis Recent developments My previous bullish thesis about Celestica (NYSE:CLS) aged well, as the stock rallied by 8% since late April, outperforming the broader U.S. market. The company's robust Q2 earnings confirm my bullish opinion about CLS. The company does not only deliver massive YoY revenue growth, but also demonstrates strong improvements in profitability profile. This is achieved by a solid shift in revenue mix toward more profitable streams related to AI and data centers. ...