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Barchart
Barchart
Jim Van Meerten

This ‘Strong Buy’ Stock Has Tripled in the Last Year

CLS Celestica Barchart Jim Van Meerten
  • Celestica (CLS) hit a new 52-week high in morning trading on July 24.
  • Shares have strong technical momentum and a 100% “Buy” signal via Barchart.
  • CLS stock is up more than 200% in the past year, and up 80% in the year to date.
  • Fundamentals are solid, and analyst sentiment is mostly positive. However, some caution CLS stock is overvalued. 

Valued at $19.4 billion, Celestica (CLS) is one of the largest electronics manufacturing services companies in the world, serving the computer and communications sectors. The company provides competitive manufacturing technology and service solutions for printed circuit assembly and system assembly, as well as post-manufacturing support to many of the world’s leading original equipment manufacturers. 

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