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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Celestica Inc. (CLS $352.41)
- $352.41 P/E (TTM): 56.32X Cap: $40.53B
- View CLS Profile
- View Questions on CLS

Q: This stock dropped 29%, Monday, along with several other names after Chinese app news.

Is it a good opportunity to start a new position or wait for a further pullback ?

How is the AI related business risk to its growth profile, compared to other names in the sector ?

Thank You

Asked by rajeev on January 28, 2025

5i Research Answer:

We would be prepared for heightened volatility, but we would be OK 'starting' a position. In this market we do not see the need to buy all at once. It is earnings season as well, which may add to volatility. CLS reports tomorrow.

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