2024-07-20 18:30:00 ET
Lululemon Athletica (NASDAQ: LULU) and Celsius Holdings (NASDAQ: CELH) are two consumer brands that have become wildly popular over the years. Both stocks have been on great runs the past several years, although both have had large sell-offs this year.
Let's look at why these stocks have sold off and why they could both be poised to see major rebounds in the second half of this year and beyond.
Energy drink maker Celsius had been on a massive run the past five years, until about late May. Now the beverage stock suddenly finds its share price cut nearly in half from its all-time highs.
For further details see:
2 Growth Stocks That Could Skyrocket in the Back Half of 2024 and Beyond