Why These 10 Large-Cap Stocks are Skyrocketing

4. Celestica Inc. (NYSE:CLS)

30-day Return as of January 22, 2025: 25.9%

On January 22, CLS registered a 26% increase in its share price, reaching $122.8 apiece, up from $97.52 on December 22, 2024.

Celestica Inc. (NYSE:CLS) is an electronics company that is an emerging leader in reliability design, manufacturing solutions, and supply chain solutions. On January 8, RBC Capital raised its price target for CLS from $75 to $115, keeping an outperform rating on the shares. According to the analyst firm, CLS is positioned for a solid year of growth as per the company’s estimates and growing valuation.

In the third quarter of 2024, the company increased its revenue by 22% and raised its full-year revenue guidance from $9.45 billion to $9.6 billion. For the year 2025, Celestica Inc. (NYSE:CLS) expects revenue to reach $10.4 billion, registering incremental growth in its financial performance.