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Stock impact report

Is it Too Late to Buy Celestica Stock? [Yahoo! Finance Canada]

Celestica, Inc. (CLS) 
Last celestica, inc. earnings: 4/29 07:00 am Check Earnings Report
I could be one of those investors that tell people it's never too late to buy a stock. Yet honestly, that's not the case. Sometimes companies surge in share price, fall to pieces, and look like they'll crash and burn. Then, it's certainly not a great idea to buy. A TSX stock can be too late to buy when the market has already priced in all the good news. Then the share price climbs far faster than the company's actual earnings or cash flow can support. When a stock's valuation becomes stretched, momentum takes over. That's when investors start paying for a perfect future that may never materialize. You'll often see this after a major earnings beat, a big contract win, or a sudden wave of analyst upgrades that sends everyone rushing in at once. If fundamentals don't keep pace, the stock becomes vulnerable to sharp pullbacks, and late buyers end up holding the risk rather than the upside. So with this in mind, where does Celestica TSX:CLS ) fall? What happened Celestica stock has Show less Read more
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