From Yahoo Finance: 2025-04-14 09:37:00

Celestica Inc. (NYSE:CLS) is among the best AI stocks to buy according to billionaires. The recent US tariffs have impacted global stocks, wiping trillions in market capitalization. Hedge funds have scaled back risky bets due to tariff uncertainties. Billionaires have previously championed AI as a transformative technology with significant economic value.

Celestica (NYSE:CLS) projects $10.7 billion in revenue and 22% EPS growth by 2025 driven by AI demand. The company offers product manufacturing services related to AI/ML servers and liquid cooling systems. Despite being 30th on the list of best AI stocks, there are other AI stocks showing greater promise for higher returns in a shorter timeframe.

Investors can outperform the market by following hedge funds’ top stock picks. Celestica (CLS) is one of the top AI stocks to buy according to billionaires, with 44 hedge fund holders and 9 billionaire investors. The company’s growth is fueled by AI and hyperscaler demand, with the CEO highlighting the importance of networking solutions for scaling AI systems.

Read more: Celestica (CLS) Projects 22% EPS Growth on $10.7B AI Revenue Boost