Celsius: Load Up On The Pullback
- Despite a strong quarter, Celsius Holdings' stock has slumped due in part to a recent stock split, providing a buying opportunity.
- Demand for Celsius energy drinks remains strong, with potential for international growth to help the company maintain strong growth rates, though rates will decelerate.
- The stock is priced at a similar valuation multiple to a peer with much lower growth rates.
Despite another blockbuster quarter, Celsius Holdings (NASDAQ:CELH) has slumped from substantially higher levels back in September. The recent stock split has apparently provided fuel for stock sales. My investment thesis remains ultra Bullish on the energy drink company on this dip.
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