Celestica receives a Buy rating, driven by robust top- and bottom-line growth and strong positioning in the accelerating AI and data center markets. CLS posted 53% YoY revenue growth and 80% YoY diluted EPS growth, with expanding margins and clear demand for its communication and enterprise offerings. Despite a 37x forward P/E, CLS trades at a discount on PEG and sales multiples versus peers, suggesting room for multiple expansion if growth persists.