Celestica: This Transformation Still Justifies New Records
Celestica has successfully transformed into a leader in high-growth connectivity and cloud solutions. The company is benefiting from increased capital expenditures from hyperscalers and strong demand for AI infrastructure. As a result, Celestica's stock is trading at all-time highs with elevated valuation multiples.
- ▪Celestica has seen an 80% year-over-year increase in earnings per share for Q1.
- ▪The company's margins and free cash flow have also improved significantly.
- ▪Celestica's transformation is supported by the ramp-up of Helios and AMD partnerships.
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