Celestica also reported some very strong…

Celestica also reported some very strong fundamental numbers this morning.  This stock is one of the cheapest stocks I can find — even after today’s pop, it’s cheaper because the fundamentals are going up even faster than the stock price.  Here’s the scoop on the numbers today, from Briefing again:

InPlay: Celestica beats by $0.02, reports revs in-line; guides Q2 EPS, revs in-line; see 7:04 comment for purchase of BRKS’s semi-equip.contract manufacturing ops.

And here’s my recent writings on this one —

Celestica is a classic “contract manufacturer” meaning that they have these huge factories and tons of workers who literally put the nuts and bolts in the Xbox 360s, Blackberry’s and increasingly some Apple products. The Company’s product lines are continuing to expand and while this is a very –low margin business, Celestica’s management has consistently been one of the best at squeezing out the profits.

Celsistica is one of the single cheapest tech stocks I can find, especially when you consider the Company’s growing its nearly $4 in cash per share every year. Analysts have been forced to move their estimates for this year and next higher after Celestica reported a stellar growth quarter and the stock has been staying very cheap despite moving higher because the stock price can hardly stay up with the forward estimate bumps. I’d look for this stock to get to $20 or more in the next couple years.

You seen all the smartphones and tablets on the street?  You have any idea how many are being built right now that will be hitting the streets next year?   Do you know who’s being paid to build those gadgets? Celestica’s a big gadget contract manufacturer that is paid by RIMM, Microsoft and Apple to assemble the handsets with their brand names on them.