Long-term investors should consider undervalued growth stocks in Amazon and Celsius

From Nasdaq: 2024-09-21 03:54:00

Despite the stock market being near all-time highs, there are still opportunities to invest in undervalued growth stocks. Amazon, a leader in e-commerce and cloud computing, continues to have room for growth with its 38% U.S. market share in online retail and 31% global cloud platform share. Analysts predict an average earnings growth of 27% annually for the next three to five years with a forward P/E of 39.

On the other hand, Celsius, an up-and-coming energy drink brand, has seen its stock fall 65% from its peak after explosive growth in recent years. The company is still taking market share and growing sales by 23% year over year. With a forward P/E of 40, Celsius presents an attractive opportunity for investors who believe in its long-term potential.

Investors looking to diversify their portfolios should consider the opportunities presented by both Amazon and Celsius. While Amazon offers stability and growth in the established e-commerce and cloud computing sectors, Celsius has shown potential in the energy drink market despite recent stock price declines. Both companies present investors with unique opportunities for growth and value.



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