IB Net Payout Yields Model

Celsius: Look For Dips

  •  Celsius reported another blowout quarter for Q3'22 with revenues of $188 million smashing estimates.
  • The energy drink company is seeing initial strong results from the PepsiCo distribution deal.
  • The stock appears expensive on most financial metrics, but Celsius trades at a similar forward P/S multiple of industry leader Monster.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » 

On most metrics, Celsius Holdings (NASDAQ:CELH) appears an expensive beverage stock to avoid in this market environment. The healthy energy drink company continues to report explosive growth and a new distribution partnership with PepsiCo (PEP), possibly warrants a higher valuation regardless of normal valuation metrics. My investment thesis is Neutral on the stock, though one should look at buying the hot stock on dips.

Read the full article on Seeking Alpha 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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