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Stock impact report

2 Growth Stocks That Could Skyrocket in 2025 and Beyond [Yahoo! Finance Canada]

Celestica, Inc. (CLS) 
Last celestica, inc. earnings: 4/29 07:00 am Check Earnings Report
Canadian growth stocks have benefitted from declining interest rates, easing inflation, and investors' positive outlook on artificial intelligence (AI) and digital transformation. While many Canadian stocks have already witnessed a rally, a few fundamentally strong growth stocks will likely sustain momentum due to the strength in demand trends. Against this backdrop, here are the two growth stocks that could skyrocket in 2025 and beyond. Celestica Celestica ( TSX:CLS ) has emerged as one of the top-performing Canadian growth stocks in 2024, with strong potential to soar in 2025 and beyond. The company is capitalizing on increased spending in AI infrastructure, mainly through its Connectivity & Cloud Solutions segment, which focuses on next-gen storage, servers and communications hardware. This segment is expected to drive solid growth, bolstering Celestica's overall financial performance. A key growth catalyst is the company's focus on AI and machine learning (ML) servers. A ma Show less Read more
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