Celestica Shares Soar 4.35% on 21% Revenue Growth

Celestica's (CLS) share price rose to its highest level since February 2025 today, with an intraday gain of 4.35%.

The strategy of buying CLS shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.56% annualized return and a 37.58% total return as of the latest data point. However, the strategy underperformed the broader market, as evidenced by the 14.05% annualized return and 65.16% total return of the S&P 500 over the same period. The CLS 1-Week Holding strategy showed resilience during market downturns, such as the 2022 decline, but missed out on some of the broader market gains.

Celestica has demonstrated remarkable financial performance, with an impressive annual EPS growth of 59% compounded over the last three years. This strong earnings growth is a testament to the company's effective management and strategic initiatives. Additionally, Celestica reported a 21% revenue growth, reaching US$10 billion, which further solidifies its position in the market and indicates a promising future outlook.

The company's stock has seen a significant increase of approximately 66% in the past 30 days, driven by strong demand. This substantial rise reflects positive market sentiment and heightened investor interest in Celestica's prospects. The robust demand for the company's products and services underscores its competitive edge and market leadership.