Celsius stock has outperformed Apple, showing potential for growth

From Nasdaq: 2024-09-24 05:25:00

Apple (NASDAQ: AAPL) has created millionaires since its 1980 IPO at $0.10, now trading at $228. However, its growth engines are cooling off, relying heavily on iPhone sales. Investors seeking big gains may consider smaller companies like Celsius (NASDAQ: CELH), which surged 18,680% over 10 years. Celsius, with $8 billion market cap, shows potential for more growth. Celsius’ revenue grew at CAGR of 61% to $1.32 billion from 2013 to 2023, with 52% gross margin. The company’s EBITDA margins have also expanded, boosted by a distribution deal with PepsiCo. While growth is stable, reaching millionaire-making gains may be challenging. Celsius remains a solid growth stock with potential to outperform bigger companies like Apple. Consider diversified stock picks for long-term investing.

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