Q: Is CLS a good buy right now? It has dropped dramatically the past week.
5i Research Answer:
CLS is up 13% YTD and trades at 21X earnings. The last quarter was solid as was the outlook. Makrets have gone into a 'risk off' mode but we think CLS looks quite attractive today for investors who can look beyond the current worries (tariffs, Trump, inflation, rates, economy). Good earnings growth is still very much expected in 2025.