10 Best NYSE Stocks to Buy for Long Term Investment

6. Celestica Inc. (NYSE:CLS)

3-Year Revenue CAGR: 19.12%

Number of Hedge Fund Holders: 62

Celestica Inc. (NYSE:CLS) is one of the best NYSE stocks to buy for long term investment. On June 23, Celestica unveiled its new ES1500 enterprise campus switch. This 1U device features up to 48 ports, each supporting 2.5GbE, with an optional Power-over-Ethernet (PoE) capability.

It’s designed for the enterprise edge, particularly for new edge IoT and edge-AI applications. The ES1500 offers up to 220 Gbps of non-blocking switching capacity and provides port speeds up to 2.5x faster than Celestica’s traditional ES1000 GbE model. It is built from the ground up to address the unique requirements of modern IT infrastructure across many different environments.

The ES1500 utilizes a powerful Marvell AC5X switch chipset for its performance and can also be equipped with an optional Intel Atom x86 CPU for advanced network functions, which is available in 4-core or 8-core configurations.

Celestica Inc. (NYSE:CLS) provides supply chain solutions and operates through two segments: Advanced Technology Solutions and Connectivity & Cloud Solutions.