2024-07-18 10:33:24 ET
Summary
- Celsius Holdings, Inc. faces slowing growth due to a sudden list of issues, while the company should still be reporting strong growth, especially with international expansion.
- The energy drink company has struggled with shelf space expansion and negative media reports might be hitting sales.
- The stock is compelling trading at strong support around $50, with potential downside risk from an identified problem leading to the troubling sales trends.
Almost overnight, Celsius Holdings, Inc. ( CELH ) has suddenly seen mega growth stumble to a near crawl. The energy drink company faces weak consumer demand with inflation apparently finally hitting consumers, while the long-term growth opportunity hasn't changed much. My investment thesis is Bullish on the stock trading back at strong support, though near term sales dynamics are puzzling....
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For further details see:
Celsius: Puzzling Trends