11 Stocks on Jim Cramer’s Radar

7. Celestica Inc. (NYSE:CLS)

Number of Hedge Fund Holders: 44

Discussing Celestica Inc. (NYSE:CLS) during the episode, Cramer said:

“It has come into its own in a way that I cannot believe it, and everyone’s piled in on it. And now, because of the fact that we got that downturn, you’re gonna get a chance to buy it. It sells at 22 times earnings. I want you to wait till it’s at 20 times earnings below the S&P and you can pull the trigger. I would probably put it at, I’d say $80.”

Celestica (NYSE:CLS) offers a wide range of supply chain solutions, including product manufacturing, design and development, engineering services, testing, and after-market support, along with hardware platform solutions and program management for various industries. Back in February 2024, Cramer commented, “You’re going to ring the register, you’re literally going to sell one third of it. Celestica is a very dicey situation.” Over the past 12 months, CLS stock rose more than 127%.