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Stock impact report

2 Soaring Stocks to Hold for the Next 20 Years [Yahoo! Finance Canada]

Celestica, Inc. (CLS) 
Last celestica, inc. earnings: 4/29 07:00 am Check Earnings Report
Although the Canadian equity markets have turned volatile over the last few days, the S&P/TSX Composite Index is up 15.6% this year. Easing inflation, the central bank's interest rate cuts, and solid earnings have boosted stock prices. Meanwhile, the following two Canadian stocks have outperformed the broader equity markets this year and could maintain their uptrend, given their solid underlying businesses and healthy growth prospects. So, investors with longer investment horizons can buy these stocks despite their recent rally. Celestica Celestica TSX:CLS ), which offers innovative supply chain solutions globally, is one of the top performers this year, with returns of 159.2%. Its solid performance in the first three quarters, raising of 2024 guidance, and healthy 2025 guidance appear to have raised investors' confidence, driving its stock price. The solid performance from its Connectivity & Cloud Solutions segment, which posted 43.8% revenue growth during the first nine months, Show less Read more
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