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Celestica

Buy Celestica stocks

CELESTICA (CLS) Stocks

ABOUT CELESTICA

Celestica Inc., a Canadian multinational electronics manufacturing services (EMS) company, was founded in 1994 and has its headquarters in Toronto.

Celestica Inc.’s offices were originally situated at those of IBM’s Toronto’s sales and support offices. The latter also supported a small manufacturing unit which built metal boxes for their mainframe computers and related systems. As IBM transitioned into a software and services company, the unit’s future became uncertain. In January 1994, Celestica was established as a wholly-owned subsidiary of IBM Canada.

IBM Canada agreed to sell the business in 1996. This triggered Celestica’s expansion. In 1997, Celestica Inc. acquired UK-based Design to Distribution. The latter was the manufacturing division of International Computers Limited.

The company then purchased major portions of Hewlett-Packard’s assembly lines, as well as Ascent Power Technology. The latter had power supply manufacturing facilities in Canada, the US and UK.

Today, the company employs about 28 000 people across its operations.

OVERVIEW OF CELESTICA

  • Celestica Inc. focusses on the supply of chain solutions in the electronics manufacturing services business segment. It services portfolio includes design and development, supply chain management, engineering services, component sourcing, new product introduction, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfilment, logistics and after-market repair and return services.

  • Celestica Inc.’s services and products serve a range of applications such as servers, optical equipment, storage systems; healthcare products and applications; aerospace and defense electronics, and semiconductor equipment, to name but a few.

  • Celestica Inc. designs, builds and tests solar panels for the residential and commercial markets. Only cutting-edge technologies are used in the assembly and testing of products.

VISION & VALUES OF CELESTICA

  • Celestica Inc. is proud of its achievements and highly values its competent workforce. Its business environment is characterized by a strong set of corporate values.

  • The latter empowers its employees to render superior services to the company’s global clientele.

  • Its transparent business ethos sets the standard for creativity, innovation and outcomes. Integrity and accountability come standard in all its dealings with stakeholders.

  • Shareholders who purchase company shares are assured of maximum value on their investments.

MARKET PERFORMANCE OF CELESTICA

  • Celestica Inc.’s shares are listed on the Toronto Stock Exchange (TSE) and trades under the stock symbol CLS.

  • Celestica Inc.’s sound market performance affords shareholders the confidence to buy or sell company shares in the expectation of solid dividends and returns. For example, the company recorded revenue of US Dollar 1.52 billion for the third quarter of fiscal 2019. Its operating margin was 2.8% above its Q3 2019 guidance of 2.5%.

  • Adjusted EPS was US Dollar 0.13 per share, above the company’s midpoint of its Q3 guidance range of US Dollar 0.09.

Buy CELESTICA stocks / shares – A Step by Step Guide how to Buy / Purchase CELESTICA Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CELESTICA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CELESTICA STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CELESTICA STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CELESTICA stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CELESTICA stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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