1 Monster Growth Stock Down 70% to Buy Right Now

2024 has been a great year for high-growth stocks. The Nasdaq-100 Index is up 23.4% year to date, with many stocks flying more than 100%. Recent investor favorite Celsius Holdings (NASDAQ: CELH) has not followed this trend. The disruptive energy drink brand is down 70% from highs this year after seeing a massive slowdown in sales.After achieving over 10% market share in the energy drink category in the U.S., Celsius stock rocketed more than 40,000% in 10 years, making it one of the best-performing stocks of the last decade. Now, with its market cap slipping to $6.6 billion, investors are getting nervous about further short-term losses for Celsius stock. For smart investors who care about the long term, these falling stock prices can present fantastic buying opportunities for historically strong growth stocks.Here's why now is a great time to buy the dip on Celsius stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool