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  5. CLS: If one has a full + position - approximately 8% - in NVDA do you see any reason for also having a position in CLS (either Canadian or U. [Celestica Inc.]
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Q: If one has a full + position - approximately 8% - in NVDA do you see any reason for also having a position in CLS (either Canadian or U.S.) , and if so, why ?
As always, thank you.
Asked by Alexandra on February 06, 2026
5i Research Answer:

We like CLS quite a lot, and with datacentre spending set to rise about 60% this year versus 2025 we think the outlook remains solid. That being said, it will have some correlation to NVDA, certainly. We cannot comment on position sizes but we would be fine owning both of these. 

Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in NVDA.