KO - Is The Celsius Growth Story Over?

2024-07-19 21:35:55 ET

Summary

• Celsius Holdings, Inc. energy drink sales are up in the long term, but near-term demand pressures have raised questions.
• Celsius shareholders have been on a wild ride in the last 12 months, going from as low as -10%, up to +90%, and back again.
• We believe Celsius management has done a good job navigating these new, uncertain conditions.

The Energy Game

Celsius Holdings, Inc. ( CELH ), the makers of the eponymous energy drink, have a lot of things going for them at the moment--sales are up and are expected to continue to grow at a rapid clip for the next several years. The last two months, however, have been quite volatile for the drink maker's stock, peaking at near $100 in May 2024 before beginning a slide to $52, where it sits today. ...

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