21.12.2024 10:36:00
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Prediction: 1 Growth Stock Set to Bounce Back Next Year
Celsius Holdings (NASDAQ: CELH) is down 50% this year, and down close to 70% from all-time highs set in May. The energy drink brand has been a growth darling since the 2020 pandemic. Even with this drawdown, Celsius shares are up over 2,000% since March 2020, meaning shares are up around 20x in less than five years. 20x in five years makes Celsius one of the stock market's best performers of the last few years. In early 2024, optimism was at a fever pitch for the stock.Now, this optimism has turned into pessimism, with Celsius' revenue going through a significant slowdown and actually falling year over year last quarter. This pessimism is likely going too far -- and presenting a buying opportunity to investors. Here's why growth stock Celsius Holdings is set to bounce back in 2025.By serving a sugar-free energy drink, Celsius catalyzed a change in consumer preferences across the sector. Historically, energy drinks from the likes of Red Bull and Monster Energy were branded for extreme sports, construction workers, and partying. Plenty of other people consumed energy drinks, but this was the narrative out there.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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