Scout Investments, Inc., released the Carillon Scout Mid Cap Fund’s second quarter 2025 investor letter. The Russell Midcap Index saw positive returns despite a sharp sell-off in April following the Liberation Day tariff announcement. Check out the fund’s top five holdings to see its best picks in 2025.

In its second-quarter 2025 investor letter, Carillon Scout Mid Cap Fund highlighted Celestica Inc. (NYSE:CLS). The stock had a one-month return of 14.35% and gained 461.23% over the last 52 weeks. On September 09, 2025, Celestica Inc. (NYSE:CLS) stock closed at $244.08 per share with a market capitalization of $28.194 billion.

Celestica Inc. (NYSE:CLS) is a contract manufacturer focused on data center hardware components, aerospace, and defense parts. The company reported impressive quarterly results driven by strong demand for networking switches. Estimates are expected to rise throughout the year as the company continues to win new deals and existing hyperscaler programs ramp up.

Celestica Inc. (NYSE:CLS) was not among the 30 most popular stocks among hedge funds in the second quarter of 2025. However, 63 hedge fund portfolios held the stock, reflecting an increase from the previous quarter. The company reported revenue of $2.89 billion in Q2 2025, a 21% increase from the same period in 2024. While Celestica Inc. (NYSE:CLS) has investment potential, certain AI stocks may offer greater upside potential and less downside risk.

Read more at Yahoo Finance: Celestica (CLS) Rose on Accelerated Demand