Jim Cramer Expresses Caution on Celestica Valuation Due to Potential Google Partnership Changes

Celestica Inc. (NYSE:CLS) is one of the stocks Jim Cramer discussed, along with market shortages. When a caller expressed worry upon hearing that Google might be backing out of its relationship with the company, Cramer remarked:

Yeah, I saw that too and was thinking, boy, Celestica is really too high if that happens. Why don’t you trim some on Monday? I don’t know what’s going to happen, but the stock has made a big run. You’ll certainly feel better about it if you take that action.

Celestica Inc. (NYSE:CLS) provides end-to-end supply chain and manufacturing solutions, including design, production, testing, logistics, and after-market services. In addition, it delivers hardware and software platform solutions for clients across technology, aerospace, industrial, healthcare, and business sectors. A caller asked about the stock during the episode aired on November 13, 2025. The Mad Money host responded:

You know what? I thought that the Celestica decline was, I thought it was almost like a targeted decline. I did not see anything specifically that merited why it went down like this… But I do think that when you see a stock that falls as much today, you get another down day tomorrow until we find out what’s going on. But Celestica is a really good company. Someone targeted that company today.

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Disclosure: None. This article is originally published at Insider Monkey.