TSE:CLS
11.59
0.08
(0.70%)
Celestica Inc. is a Canadian multinational electronics manufacturing services company headquartered in Toronto, Ontario.
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Analysis and Opinions about CLS-T
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Opinion
Expert
PAST TOP PICK
PAST TOP PICK
May 22, 2019
(A Top Pick May 29/18, Down 40%) They make electronic products for other manufacturers, like Cisco. There has been a lot of new product spending delays in the space and this is hurting them. The valuation is great and the company continues to buy back their own shares.
Show full opinionHide full opinion
(A Top Pick May 29/18, Down 40%) They make electronic products for other manufacturers, like Cisco. There has been a lot of new product spending delays in the space and this is hurting them. The valuation is great and the company continues to buy back their own shares.
COMMENT
COMMENT
January 28, 2019
Reverse head and shoulders now? The problem is that the second one is lower than the first one. It's trending lower, but at least it has established a support level around $11.
Show full opinionHide full opinionReverse head and shoulders now? The problem is that the second one is lower than the first one. It's trending lower, but at least it has established a support level around $11.
PAST TOP PICK
PAST TOP PICK
January 18, 2019
(A Top Pick Feb 16/18, Down 9%) This technology company makes things for other manufacturers like routers for Cisco. Earnings growth is looking better he thinks. The stock looks oversold so he is staying with it.
Show full opinionHide full opinion(A Top Pick Feb 16/18, Down 9%) This technology company makes things for other manufacturers like routers for Cisco. Earnings growth is looking better he thinks. The stock looks oversold so he is staying with it.
PARTIAL BUY
PARTIAL BUY
January 11, 2019
Sold off a lot for no real reason. It's a growth stock that doesn't pay much of a dividend. So in a correction these stocks go down and are volatile. Its prospects are good with a reasonable multiple. Hold or even add to your position.
Show full opinionHide full opinionSold off a lot for no real reason. It's a growth stock that doesn't pay much of a dividend. So in a correction these stocks go down and are volatile. Its prospects are good with a reasonable multiple. Hold or even add to your position.
DON'T BUY
DON'T BUY
January 3, 2019
When you had the talk of Trump and the tax cut, these guys do all that manufacturing he was going to bring back to North America. It is a tough business and margins you complete for. It is not an oligopoly. It is a manufacturing play and not a technology play. Money went to share buy backs.
Show full opinionHide full opinionWhen you had the talk of Trump and the tax cut, these guys do all that manufacturing he was going to bring back to North America. It is a tough business and margins you complete for. It is not an oligopoly. It is a manufacturing play and not a technology play. Money went to share buy backs.
PAST TOP PICK
PAST TOP PICK
November 15, 2018
(A Top Pick Oct 18/17, Down 14%) They lost a couple of contracts. Since then they spent money on new acquisitions and set up future growth. The balance sheet is not that bad and they should recover. He would hold on.
Show full opinionHide full opinion(A Top Pick Oct 18/17, Down 14%) They lost a couple of contracts. Since then they spent money on new acquisitions and set up future growth. The balance sheet is not that bad and they should recover. He would hold on.
TOP PICK
TOP PICK
May 29, 2018
An electronic manufacturer, they make stuff for other companies. Their biggest customer is Cisco. They have plants around the world. It’s an up and down industry because you are dependant on how other companies do. They are starting to turn around, earnings projections is going up, bought back about 30% of their stock, they have a ton of cash. Raised their guidance. He likes the outlook. Doesn’t pay a dividend. (Analysts' price target $12.34)
An electronic manufacturer, they make stuff for other companies. Their biggest customer is Cisco. They have plants around the world. It’s an up and down industry because you are dependant on how other companies do. They are starting to turn around, earnings projections is going up, bought back about 30% of their stock, they have a ton of cash. Raised their guidance. He likes the outlook. Doesn’t pay a dividend. (Analysts' price target $12.34)
TOP PICK
TOP PICK
May 2, 2018
They have bought back over 80 million shares over the recent years. They just make a $130 million acquisition, it trades at 10 times earnings, and is debt free – it is great value. Yield 0%. (Analysts’ price target is $12.18 )
They have bought back over 80 million shares over the recent years. They just make a $130 million acquisition, it trades at 10 times earnings, and is debt free – it is great value. Yield 0%. (Analysts’ price target is $12.18 )
WATCH
WATCH
April 2, 2018
It has an interesting pattern. After a correction you can get clues that the downtrend is over by watching for a period of consolidation. Higher lows an higher highs. This is what they are doing so you could see a movement up. Buy it if it breaks the high end of the short term trading range.
It has an interesting pattern. After a correction you can get clues that the downtrend is over by watching for a period of consolidation. Higher lows an higher highs. This is what they are doing so you could see a movement up. Buy it if it breaks the high end of the short term trading range.
TOP PICK
TOP PICK
February 16, 2018
This company makes electronic parts for other manufacturers. Their last quarter flow was not good and earnings took a hit. They have a good return on capital and hold a lot of cash, buying back some of their stock recently. The valuation is good here. It does not pay a dividend. Yield 0%. (Analysts’ price target is $14.64)
This company makes electronic parts for other manufacturers. Their last quarter flow was not good and earnings took a hit. They have a good return on capital and hold a lot of cash, buying back some of their stock recently. The valuation is good here. It does not pay a dividend. Yield 0%. (Analysts’ price target is $14.64)
WATCH
WATCH
February 1, 2018
He is taking his time looking at this one. They have really struggled and earnings over the last couple of quarters have been disappointing. But what he likes is that capital spending will eventually fall into their hands. At some point things will turn.
He is taking his time looking at this one. They have really struggled and earnings over the last couple of quarters have been disappointing. But what he likes is that capital spending will eventually fall into their hands. At some point things will turn.
DON'T BUY
DON'T BUY
November 30, 2017
He does not particularly like it. Investors think it is a technology play, but really it is a contract manufacturer without a lot of pricing power. Margins are low and it is fairly cyclical. The competitive strength is not enough to make him want to have a position.
He does not particularly like it. Investors think it is a technology play, but really it is a contract manufacturer without a lot of pricing power. Margins are low and it is fairly cyclical. The competitive strength is not enough to make him want to have a position.
PAST TOP PICK
PAST TOP PICK
November 15, 2017
(A Top Pick Jan 6/17. Down 17%.) Recent earnings have been a disappointment, down 25% on Oct 25. He used a stop loss to sell the stock earlier.
(A Top Pick Jan 6/17. Down 17%.) Recent earnings have been a disappointment, down 25% on Oct 25. He used a stop loss to sell the stock earlier.
SELL
SELL
November 13, 2017
It one of Canada’s largest suppliers of electronic components and they took a hit, so he sold it in wake of the earnings call. He did well on it but nothing lasts forever. It will be a few quarters turning around.
It one of Canada’s largest suppliers of electronic components and they took a hit, so he sold it in wake of the earnings call. He did well on it but nothing lasts forever. It will be a few quarters turning around.
TOP PICK
TOP PICK
October 19, 2017
$300 million in cash and less than 9 times earnings. They just can’t get any love. It had a bit better execution in terms of earnings and they could get recognized. They buy back stocks. Leverage on their operations is quite high and it has not performed yet. (Analysts’ target: $14.87).
$300 million in cash and less than 9 times earnings. They just can’t get any love. It had a bit better execution in terms of earnings and they could get recognized. They buy back stocks. Leverage on their operations is quite high and it has not performed yet. (Analysts’ target: $14.87).
