RE: The parent company Onex or Celestica?Good question. The answer depends on many factors. Buying CLS will probably
give you the bigger bang for your buck but at the expense of volatility.
Definitely go with ONEX if you're more conservative. You also get a mini
mutual fund by going with ONEX since the 4 largest positions are
CLS, Sky Chefs, CASH, and Client Logic which will be made public in the not too
distant future. I believe the share price of ONEX is currently undervalued
in relation to CLS. Finally, if you're holding other EMS companies like
C-MAC, SMTC, Solectron, SCI, Jabil, or Flextronics, you may not want to
overweight your portfolio in this sector by buying CLS directly.
Maybe you do. Hope this helps.
NUCLEAR