Celestica (CLS) Soars 4.4%: Is Further Upside Left in the Stock?

Celestica (CLS) shares soared 4.4% in the last trading session to close at $123.27. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 21.1% gain over the past four weeks.Celestia is benefiting from the ongoing generative AI boom, thanks to the solid demand trends for AI/ML compute and networking products from hyperscale customers. By integrating next-generation networking products with silicon photonics packaging solutions, the com ...