2024-05-07 17:52:11 ET
Summary
- Celsius Holdings, Inc. reported disappointing Q1 results due to an inventory issue with PepsiCo.
- The energy drink growth story remains intact, with strong sales data and international expansion.
- The stock dip presents a buying opportunity, currently trading below a peer stock trading at just 7x EV/S targets.
After a year of impressive results, Celsius Holdings, Inc. ( CELH ) reported a disappointing quarter due to a surprise inventory issue. The healthy energy drink company has stumbled a couple of times in the last few months, leading to the opportunity to buy the stock far below the recent highs. My investment thesis remains ultra-Bullish on CELH stock, with the growth story unaltered despite the market hiccups....
Read the full article on Seeking Alpha
For further details see:
Celsius: Unaltered Growth Story