Celestica Poised to Benefit from Expanding HealthTech Market

Celestica Inc. (CLS) is a leading provider of manufacturing, engineering, and supply chain solutions to medical device companies. Its HealthTech portfolio includes medical imaging systems, surgical equipment, and connected medical products. The company competes with Jabil (JBL) and Sanmina (SANM) in the expanding HealthTech market. Celestica's shares have risen 39.1% over the past year, with a forward P/E ratio of 20.71, slightly higher than the industry average.