When a company beats earnings expectations and raises guidance, its stock may still pull back due to profit-taking by investors after a significant price run, even when fundamental growth drivers like AI data center demand remain strong.
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CLS Stock Pulls Back After Earnings Beat — Buy The Dip or Profit Taking?Added:
Celestica stock is pulling back even after a strong earnings beat and raised guidance. The company delivered better than expected EPS and revenue, but investors are taking profits after a big run. Analysts still point to strong growth driven by AI data center demand.
The question is, does this dip create another entry point?
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