Forget the “Magnificent Seven”: 1 TSX Tech Stock to Buy Instead [Yahoo! Finance Canada]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance Canada
The ‘Magnificent Seven' have certainly proven to be quite magnificent over the last few years. These companies include Alphabet ( NASDAQ:GOOG NASDAQ:GOOGL Amazon NASDAQ:AMZN Apple NASDAQ:AAPL Meta NASDAQ:META Microsoft NASDAQ:MSFT Nvidia NASDAQ:NVDA ) and Tesla NASDAQ:TSLA ). In fact, the seven largest stocks by market cap on the S&P 500 were pretty much holding up the index, taking up about 30% of the overall index. So while it looked like the S&P 500 was doing really well, it really came down to these absolutely enormous companies. And that led many investors to have a few worries. So let's get into what those worries were, and why there's another TSX tech stock to consider instead. Worry flurry The fear was that with the S&P 500 running higher and higher due to the heavy investment in these seven companies, should the companies drop the market could crash. And while that didn't exactly happen, there was proof of the hypothesis on the markets. ADVERTISEMENT The ‘Magnifice
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News
- Celestica (CLS) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
- New Strong Buy Stocks for May 17th [Yahoo! Finance]Yahoo! Finance
- Celestica Inc. (NYSE: CLS) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- 2 Semiconductor Stocks to Buy and Hold for Great Long-Term Potential [Yahoo! Finance Canada]Yahoo! Finance Canada
- Celestica Introduces Four New Enterprise Access Networking Switches [Yahoo! Finance]Yahoo! Finance
CLS
Earnings
- 4/24/24 - Beat
CLS
Sec Filings
- 5/20/24 - Form 144
- 5/10/24 - Form SC
- 5/1/24 - Form SD
- CLS's page on the SEC website