Nov. 15 at 4:51 PM
$CLS
Institutional investors currently hold a significant majority, about 75%, of Celestica Inc. (CLS) shares. Their activity is largely bullish.
Increasing Positions: Many investment firms have been increasing their holdings. For example, Wellington Management Group Llp recently increased its portfolio allocation in CLS by over 85%. This indicates a strong confidence in Celestica's long-term prospects.
Positive Analyst Ratings: Celestica has received a series of analyst rating upgrades from major firms, with the consensus being a "Buy" or "Strong Buy"