Here is how Celestica (CLS) and Dell Technologies (DELL) have performed compared to their sector so far this year.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Celestica (CLS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Celestica Inc. stock has outperformed the S&P 500 by 7x over the past few months. I believe it's just the beginning. Q1 2024 results exceeded expectations thanks to its strong performance in the CCS segment. I think the probability of Celestica beating analysts' forecasts for Q2 2024 is very high. Despite recent stock price gains, Celestica remains undervalued — according to my calculations, its fair value per share should lie 46.6% above today's price.
Amidst market uncertainties, investing in companies at the edge of technological innovation offers a strategic advantage. These investments can provide game-changing returns during a market rebound.
Despite healthy traction in multiple end markets, stiff competition and weakness in the industrial business are concerns for Celestica (CLS) ahead of second-quarter 2024 results.
Celestica (CLS) closed the most recent trading day at $56.32, moving -0.91% from the previous trading session.
Celestica (CLS) closed the most recent trading day at $59.40, moving -0.13% from the previous trading session.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Despite a stellar run, Celestia (CLS) currently appears to be treading in the middle of the road and investors could be better off if they trade with caution.
Here, the focus is on three companies poised on the brink of a breakthrough. It becomes evident why these stocks are compelling choices in 2024.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Investors need to pay close attention to Celestica (CLS) stock based on the movements in the options market lately.