Goldman Sachs’ 35 AI Superstars

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31. Celestica Inc. (NYSE:CLS)

Number of Hedge Fund Holders: 40 

Celestica Inc. (NYSE:CLS) offers a range of product manufacturing and related supply chain services. There are a host of factors that make this company an attractive investment prospect. Notably, in the fiscal year 2024, the company showed consistent revenue growth across all quarters. For instance, as per the report for the third quarter of 2024, the reported revenue reached $2.50 billion, marking a 22% increase compared to $2.04 billion in Q3 2023 and a slight improvement of approximately 5% over the second quarter’s $2.39 billion. The second quarter also saw strong performance, with a 23% growth from $1.94 billion in Q2 2023, following the first quarter’s revenue of $2.21 billion, a 20% increase from $1.84 billion in Q1 2023. The company has recently secured a program win with a major hyperscale customer for 1.6 Terabyte switching, showcasing the company’s market leadership and innovation in high-bandwidth networking solutions.

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