Barclays Initiates Overweight Rating on Celestica Inc. (CLS), Citing Growth Potential in AI and Hyperscale Data Center Solutions

Insider Monkey11-07

We recently compiled a list of the 11 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Celestica Inc. (NYSE:CLS) stands against the other AI stocks. ...

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(NYSE:CLS) stands against the other AI stocks.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/barclays-initiates-overweight-rating-celestica-083621345.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Barclays Initiates Overweight Rating on Celestica Inc. 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(CLS), Citing Growth Potential in AI and Hyperscale Data Center Solutions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/barclays-initiates-overweight-rating-celestica-083621345.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 11 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Celestica Inc. (NYSE:CLS) stands against the other AI stocks.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/barclays-initiates-overweight-rating-celestica-083621345.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLS","symbol_name":"天弘科技","start_time":0,"source_url":"https://finance.yahoo.com/news/barclays-initiates-overweight-rating-celestica-083621345.html","article_id":"2481214839","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/fZ0yr8zNgUnxuWnd.Ad8zQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/ba0a0b45773bf5300613a5097077dc99"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481214839","pubTimestamp":1730968581,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"We recently compiled a list of the 11 AI News and Ratings You Should Not Miss.In this article, we are going to take a look at where Celestica Inc.  stands against the other AI stocks.Investors are eagerly waiting for the election results in the United States as they seek to adjust their money making strategies in light of the latest developments. Investment advisory Wedbush Securities released an investor note in this regard recently, noting that a historic victory for Republican candidate Donald Trump and a potential Republican sweep would result in a very bullish market reaction for technology and be beneficial for artificial intelligence. Analysts at the advisory forecast a very robust bullish market reaction from a Trump win, with Big Tech front and center. The analysts further cautioned that China tariffs and a harsher stance on Beijing from Trump will need to play out over the coming year for its impact on the supply chain/chips and Big Tech. However, Wedbush expected a strong AI","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"CLS":"天弘科技"},"translate_title":"Barclays启动对Celestica Inc.(CLS)的跑赢大盘评级，理由是人工智能和超大规模数据中心解决方案的增长潜力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLS":1},"content_text":"We recently compiled a list of the 11 AI News and Ratings You Should Not Miss. In this article, we are going to take a look at where Celestica Inc. (NYSE:CLS) stands against the other AI stocks.\nInvestors are eagerly waiting for the election results in the United States as they seek to adjust their money making strategies in light of the latest developments. Investment advisory Wedbush Securities released an investor note in this regard recently, noting that a historic victory for Republican candidate Donald Trump and a potential Republican sweep would result in a very bullish market reaction for technology and be beneficial for artificial intelligence. Analysts at the advisory forecast a very robust bullish market reaction from a Trump win, with Big Tech front and center. The analysts further cautioned that China tariffs and a harsher stance on Beijing from Trump will need to play out over the coming year for its impact on the supply chain/chips and Big Tech. However, Wedbush expected a strong AI focus out of the gates from Trump for US Big Tech players, Khan out at the FTC, and Musk's big bet on Trump being a home run for his company.\nRead more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.\nWedbush analysts projected that a Trump win would be worth around $50 per share for Tesla. They also underlined that Washington would roll out new AI initiatives under the Trump administration that would benefit big tech players, with the defense department also boosting companies that work closely on AI adoption in the military. The bullish commentary comes as big tech firms grapple with ballooning CapEx on the one hand and investor pressures for short-term results on the other. Mark Zuckerberg said during the earnings call of his company that building out the infrastructure was maybe not what investors wanted to hear in the near term, but the opportunities here were really big, and his firm was going to continue investing significantly in this.\nRead more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.\nFor this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.\nWhy are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).\n A close-up of a circuit board with components depicting the intricate electronic componentry products the company produces. \nCelestica Inc. (NYSE:CLS)\nNumber of Hedge Fund Holders: 38 \nCelestica Inc. (NYSE:CLS) offers a range of product manufacturing and related supply chain services. On November 5, Barclays analyst George Wang initiated coverage of the stock with an Overweight rating and $91 price target. As a North American tier 1 electronics manufacturing services and original design manufacturer company, Celestica is uniquely positioned to enable hyperscale data centers with switch and compute needs and meet the growing demands of artificial intelligence and machine learning, the advisory told investors in a research note. The advisory sees continued margin expansion for the company driven by its hardware platform solutions products.\nOverall CLS ranks 10th on our list of the AI news and ratings you shouldn't miss. While we acknowledge the potential of CLS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than CLS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.   \nDisclosure: None. This article is originally published at Insider Monkey.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481214839"}