Despite recent decline, Celsius Holdings remains a potential growth stock in the energy drink industry.
From Nasdaq MarketSite Relations: 2024-10-13 15:30:00
Energy drink company Celsius Holdings (NASDAQ: CELH) has had an impressive long-term growth, turning $10,000 into over $1.7 million in the last decade. Despite recent stock decline, Celsius remains a potential growth stock to consider due to its disruptive potential in the energy drink industry, offering high levels of caffeine compared to competitors like Monster Beverage. Celsius’ partnership with PepsiCo has boosted sales, but sustaining consumer loyalty is crucial for long-term success. While Celsius may look like a better value now, risks remain, making it wise to approach with caution and monitor its progress in the market.
Read more at Nasdaq MarketSite Relations: Down 61% in 6 Months, Is Celsius a Growth Stock Worth Buying Now?