Celestica Inc (CLS.TO)

Solid fundamentals. Healthcare solutions will pay dividends going forward. Not a bad valuation for a long-term play over the next 5 years. 

Can't really do technical analysis on a chart like this, as there's no real pattern that's taking place. Doesn't think year-end profit-taking will weigh on the stock.

Pitfalls would include chasing or buying too much. Other risks are not following it and not having a plan. Acceleration is really strong. Good volume along with the buying, which is supportive. Reaching a bit of a limit right now, which may be profit taking, and may pull back to $110. A drop below $105 with a full position is a problem.

It has changed a lot and starting to focus more on helping clients develop new projects. It is riding the AI boom and has just passed the old high from23 years ago. Has had a very low multiple for a long time. It has started to execute better, grow faster and meet expectations. It is quite cheap in terms of tech stocks and should do quite well from a momentum standpoint.

Probably overbought here, up 240% in last 12 months. 21-22x forward earnings, 15-16% EPS growth rate. Not really expensive. Likes it.

Keeps going up. Business has totally morphed into value-added parts in the semiconductor space. Riding the wave of massive growth of all chipmakers. Valuation seems reasonable. Remember that semis are cyclical; ASML, for example, went down 20% yesterday. Hot stocks always have potential to re-rate.

Quite well run, but not ready to be there. His preference is TSM, but its valuation is not attractive either.

He wished he owned this. It's had a big move and is breaking out into new highs. A good momentum play.

Trending higher above the 200-day MA, which itself is moving higher. Watch it in terms of how far the valuation goes. Right now, 15x forward earnings with about a 13% growth rate for 2025, 29% for 2026. Valuation is actually not as expensive as a lot of other tech names, especially in the US. Valuation and technicals look decent.

Broke trend, rallied, but made a lower high. Now making a lower low. He has a very low weight in tech, about 12%; whereas the S&P is about 28-29%. So many other things to do that are less crowded than tech. Technical setup not great; background for tech not as good as it was.

12-month price target of $79, still a bit of room. On the chart, you can see the highs that go back to the early summer. Buy 1/3 here around $68, another at just under $64 where there seems to be some support, and the final 1/3 at just over $60. Put in a stop around $54-55.

Concentration risk, but its manufacturing and platform solutions are state of the art. Client base includes hyperscalers and service providers. Extremely well run.

Wished he bought it a year ago. Have very low margins, but now benefit from supplying equipment to hyperscalers. They hugely depend on one client, though, in their AI-related, data centre business. Can be very volatile. Careful. Take profits if you've made money here. 

Pulled back in July, rallied to a lower high, now has pulled back to just above the rising 200-day MA. Price pattern is a lot like big tech. Hold, but don't add. If you own it, use the 200-day as a line in the sand. Watch those lows from July. Be cautious. If it breaks $60, need to have a hard discussion.

Like Broadcom, delivers AI communications equipment, which has driven its rally. He's bullish the AI build-out long-term, and Celestica will benefit. You can start building a position in this.

It has been in an uptrend and has pulled back. If the trend is confirmed then buy. .

This decline is temporary, though could last longer if the US Fed announces it will hold rates now and in September (he believes they won't). CLS is a core position, so he will keep adding to it.