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Stock impact report

3 Growth Stocks That Could Be Long-Term Wealth Creators [Yahoo! Finance Canada]

Celestica, Inc. (CLS) 
Last celestica, inc. earnings: 4/29 07:00 am Check Earnings Report
Growth stocks aim to grow their financials at a higher rate than the industry average, thus delivering superior returns in the long term. Due to higher returns potential, investors are ready to pay a premium, raising their valuation. Meanwhile, as these companies are in the developing stage, they are highly susceptible to market fluctuations. Also, they won't pay dividends as they reinvest their earnings to fund their growth initiatives. So, these companies are riskier. Investors with higher risk-taking abilities could buy these stocks to earn superior returns. Celestica Celestica TSX:CLS ), which offers innovative supply chain solutions to a wide range of customers worldwide, is one of the top performers this year, delivering impressive returns of 191%. Its solid performances in the first three quarters, raising of 2024 guidance, and healthy long-term growth potential have driven its stock price. In the first nine months, the company's top line has grown 43.8% from the previous Show less Read more
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