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Compiling comments that experts make about stocks while on public TV.

2017-01-06

Opinion for Celestica Inc (CLS-T)

Signal Price Bias Subject Owned
TOP PICK $16.170 BULLISH CANADIAN DIVIDEND & GROWTH No

Contract manufacturers. They were manufacturing phones, and consumer products, which are now less than 3% of their total manufacturing. They do a lot of business in servers and other stuff, as well as branching out into medical and aerospace. Produced $215 million of free cash flow in the last 4 months, an 11% free cash flow yield. Has about $600 million of cash. 14.8% trailing ROE. Earnings per share grew by 50% on a 22% increase in sales. They also have the ability to free up some cash on some Toronto real estate. (Analysts’ price target is $16.33.)

Robert McWhirter
President, Selective Asset Management

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