Hi everyone,
I’m trying to get a more grounded view on Celestica (CLS) and would appreciate perspectives from long-term investors here.
CLS has had a strong run over the past year due to AI infrastructure demand (servers, networking, hyperscaler supply chain exposure), but recently the stock has been quite volatile and consolidating despite continued AI tailwinds.
A few things I’m trying to understand:
* Is CLS still in a strong long-term AI infrastructure growth phase, or has most of the re-rating already happened?
* How do you view its positioning compared to other AI infrastructure / hardware names?
* Does the recent consolidation suggest healthy digestion after a strong move, or slower future upside?
* At current valuation levels, is it still attractive as a long-term compounder, or more of a “wait for pullback” setup?
Would appreciate any insights from people who follow the company or the AI infrastructure space closely.