Celsius: Unaltered Growth Story
- 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.
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After a year of impressive results, Celsius Holdings, Inc. (NASDAQ: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.
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