Celestica (CLS) upgraded to Buy at UBS on ethernet demand
UBS upgrades Celestica to buy from hold, citing strong demand for its ethernet switching and networking platforms, per Hammerstone MarketTalk/Cramer Investing Club Newsletter.
CLS Celestica was upgraded to buy from hold at UBS, citing strong demand for its ethernet switching and networking platforms.
Celestica has spent years transforming from a lower-margin contract manufacturer into a faster-growing Equipment designer, including for AI server racks.
It's working with Broadcom and OpenAI on the ChatGPT creator's Jalapeno chip. - per Cramer Investing Club Newsletter