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Investment Q&A

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Celestica Inc. Subordinate Voting Shares (CLS)
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Q: What are the reasons of CLS’ recent strength? Is it a sell?

Thanks.

Asked by Liping on January 16, 2023

5i Research Answer:

CLS continues to buyback shares, but there has been no recent material news from the company. The tech sector has bounced nicely so far in 2023. A competitor reported very strong earnings in November, but not real news here to account for the 14% YTD gain.

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