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Celestica (CLS) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-09-05 06:50
Celestica (CLS) closed the latest trading day at $46.65, indicating a +0.43% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.16%. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq decreased by 0.3%. The electronics manufacturing services company's stock has dropped by 1.34% in the past month, falling short of the Computer and Technology sector's gain of 1.63% and the S&P 500's gain of 3.64%. Investors will be e ...
Clearside Biomedical Announces Completion of Final Participant Visit in ODYSSEY Phase 2b Trial of CLS-AX in Wet AMD
GlobeNewswire News Room· 2024-08-27 19:05
- CLS-AX is a Highly Potent Tyrosine Kinase Inhibitor Delivered Suprachoroidally Using Clearside's Proprietary SCS Microinjector® - - Topline Data Expected to be Reported During the Week of October 7, 2024 - ALPHARETTA, Ga., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Clearside Biomedical, Inc. (Nasdaq: CLSD), a biopharmaceutical company revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space (SCS®), announced the completion of the final participant visit in the Company's ODY ...
3 Reasons Why Growth Investors Shouldn't Overlook Celestica (CLS)
ZACKS· 2024-08-27 01:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks ...
Are Investors Undervaluing Celestica (CLS) Right Now?
ZACKS· 2024-08-23 22:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics a ...
Celestica (CLS) Boosts Portfolio: Should You Take the Bait?
ZACKS· 2024-08-14 22:31
Celestica Inc. (CLS) recently announced the commercial availability of SC6100 – a next-generation, 2U rackmount all-flash storage controller designed to deliver superior performance for the most demanding enterprise application workloads. Powered by two EPYC Embedded 9004 series processors from Advanced Micro Devices, Inc. (AMD) , it offers improved energy efficiency for next-generation networking, security and storage applications. Harnessing the performance and efficiency benefits of the new "Zen 4" core ...
Is Celestica (CLS) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-08-14 22:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Celestica (CLS) . Celestica currently has an average brokerage recommendation (ABR) of 1.86, o ...
Celestica: Unparalleled Growth And Compelling Valuation
Seeking Alpha· 2024-08-12 20:00
15 JHVEPhoto Investment thesis Recent developments My previous bullish thesis about Celestica (NYSE:CLS) aged well, as the stock rallied by 8% since late April, outperforming the broader U.S. market. The company's robust Q2 earnings confirm my bullish opinion about CLS. The company does not only deliver massive YoY revenue growth, but also demonstrates strong improvements in profitability profile. This is achieved by a solid shift in revenue mix toward more profitable streams related to AI and data centers. ...
Is Celestica (CLS) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-08-10 01:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the ...
Should Value Investors Buy Celestica (CLS) Stock?
ZACKS· 2024-08-07 22:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...
Celestica: Q2 2024, Why Do I Upgrade The Stock To 'Buy' Again
Seeking Alpha· 2024-08-02 20:24
J Studios Intro & Thesis In August 2023, I initiated coverage of Celestica Inc. (NYSE:CLS) stock and then confirmed the "Buy" rating again in November. Since then, the stock has continued to rise, and at some point, its rally made me cautious against the backdrop of valuation ratios that were moving away from historical averages, and I eventually downgraded CLS to "Hold", confirming that rating 3 months ago. Since my last neutral thesis update, the stock's price has decreased by almost 1.7%, while the marke ...