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-0.000360187297394513 0.00138929386137945 -0.00063461571445724 -0.00063461571445724 -0.00063461571445724 -0.00063461571445724 -0.00063461571445724 -0.00063461571445724
Stock impact report

That Canadian Tech Stock up 689% in 2 Years—Is it Still a Buy? [Yahoo! Finance Canada]

Celestica, Inc. (CLS) 
Last celestica, inc. earnings: 4/29 07:00 am Check Earnings Report
Shares of Celestica TSX:CLS ) have cooled down a bit so far this year, now off around 3% year to date, but zooming out, the name remains one of the hottest artificial intelligence (AI) stocks in Canada. In the past two years alone, CLS stock has gained more than 689%, at least as of this writing. Undoubtedly, it's one of the biggest and boldest beneficiaries of AI, especially since much of the earlier gains have been concentrated in the firms behind the AI data centre buildout. Indeed, Celestica's equipment is much-needed for AI infratructure and as demand for AI inference continues to rocket higher, this Canadian AI winner could continue marching higher. Of course, the business of electrical equipment can be quite cyclical, and if there is an AI bubble (I'm not sure there is one anymore, given the pace of innovation we've seen from the likes of frontier model makers), a peak cycle could mean amplified downside. Celestica's choppiness might be an opportunity Given more recent v Show less Read more
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