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Outlook at Celestica remains positive despite profit-taking

Areeb Siddiqi works on the mechanical load tester for solar panels at Celestica's company headquarters in Toronto on May 27, 2013.

JENNIFER ROBERTS/The Globe and Mail

Elizabeth DelBianco, a senior officer of Celestica Inc., sold 70,603 subordinate voting shares in the public market at prices ranging from $11.62 to $11.72 on October 25. The insider also exercised the same number of options on the same day. According to our INK Edge VIP rankings which are based on valuations, insider characteristics and price strength, Celestica continues to have a mostly sunny outlook. That category puts Celestica in the top 30 per cent of all stocks ranked in Canada as relative value and price strength outweigh the insider sales.

Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.

Infographic reflects public-market transactions of common shares or unit trusts by company officers and directors.

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