Celestica Inc (CLS.TO) Buy, Sell or Hold

Celestica Inc (CLS.TO)

493.56

+10.47 (2.17%)

as of Sep 22, 2026, 4:11:03 pm Market Open.

213 watching

BUY ON WEAKNESS

One of the stronger competitors in a very tough industry, contract manufacturing. Outsource manufacturing for the telecom industry. Historically marches have been very slim which is the reason for concern but they have come through the downturn with a very strong balance sheet. Trades at 10X earnings.

TOP PICK

Never liked it because of 1) low margins and 2) tied into long-term contracts where customer could walk away. Management has done a great job by getting rid of low margin businesses and increase their good businesses. RIM (RIM-T) is about 20% of their revenues. Good diversification in their products.

DON'T BUY

It’s a manufacturing company, not a tech company. Compare it to Magna and steel stocks. It’s doesn’t stack up well.

SELL

Has been executing well and the earnings are coming through. Thinks they are ramping up revenues as they are assisting Research in Motion (RIM-T) roll out some of their new products. Fully valued.

WATCH

(Market Call Minute.) Not a lot of stocks have returned to their October levels. Likes it a lot. The pullback worries him a bit. Has to break through $8 before you buy.

PAST TOP PICK

(Top Pick Apr 8/08 Down 0.42%) Had taken a down turn before being picked and has rebounded to here. Assuming economy is turning around, it is a hold.

PAST TOP PICK

(A Top Pick April 8/08. Down 47.3%.) Down 27% at Jan 28 sell point. Ranks neutral. New management is doing a good job.

DON'T BUY

(Market Call Minute.) Had reasonable earnings lately and thinks the company is turning around but you never see the margin growth that you want.

TOP PICK

Electronic manufacturing services continues to turn around. Revenues were up 14%. 13.5 P/E based on estimated 08 earnings.

SELL

Outsourcing electronics has turned out to be a horrible business. Too much competition.

DON'T BUY

(Market Call Minute.) Has avoided the stock.

DON'T BUY

The whole industry still suffers from over capacity. Main challenges are from Mexico. Ranks #253, middle of the pack, and earnings have not changed in the last 90 days. Earnings are expected to from $0.23 to $0.47.

DON'T BUY

Has not been showing up on his screens as a value stock. There was some rumour of M&A activity going to take place, but he's not sure if this is true or not. Not a reason to hold the stock. Expensive from an earnings perspective.

SHORT

Has been Short this one for a long time. Doesn't like any of the tech builders such as this one and Flextronic (FLEX-Q).

WATCH

Has had a slight positive earnings revision. There has to be more write-offs on the balance sheet. As they continue to write off, it will be more positive for the company. His model price is $8.30. The model price has come down appreciably but the mean estimate is still $.16 for 07 and $.50 for 08.

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Celestica Inc (CLS.TO)