CelesticaNYSE: CLS

Here, the focus is on three companies poised on the brink of a breakthrough. It becomes evident why these stocks are compelling choices in 2024.

Zacks.com users have recently been watching Celestica (CLS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

KELYA, CLS, SLVM, GTX and SSL have been added to the Zacks Rank #1 (Strong Buy) List on June 25, 2024.

Celestica's stock performance over the last decade has been extremely impressive, justifying its Quant rating upgrade last June. The company's business mix is strong, delivering various enterprise services to a wide array of end markets. Celestica's strong exposure to the increasing demand for AI/ML computing capacity will likely drive its financial performance over the long term.

In the closing of the recent trading day, Celestica (CLS) stood at $55.91, denoting a +0.2% change from the preceding trading day.

TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, has amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility to $1.5 billion (“Amended Facility”) to support continuing growth.

Here is how Celestica (CLS) and Dell Technologies (DELL) have performed compared to their sector so far this year.

Zacks.com users have recently been watching Celestica (CLS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Here are three favorably valued top-rated tech stocks to consider after being added to the Zacks Rank #1 (Strong Buy) list on Wednesday.