Celestica: The Unsung AI Champion
Portfolio Pulse from
Celestica's stock has surged 50% in three months due to AI and data center growth. The company reported over 20% YoY revenue growth for three consecutive quarters, with record adjusted EPS of $1.04. Its CCS segment saw 42% YoY revenue growth, boosting profitability and free cash flow.
November 05, 2024 | 10:15 pm
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Celestica's stock has increased by 50% in the last three months, driven by strong AI and data center growth. The company reported over 20% YoY revenue growth for three consecutive quarters and a record adjusted EPS of $1.04. The CCS segment's 42% YoY revenue growth has enhanced profitability and free cash flow.
Celestica's significant stock price increase is attributed to its strong performance in AI and data center sectors. The consistent revenue growth and record EPS indicate robust financial health, likely leading to continued investor confidence and potential further stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100