Celsius Stock Analysis (November 2023)
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Join the group: https://www.3minutebreakdowns.com Is Celsius the new coffee? Over the past decade, the best stock in the market has also been an energy drink company. But it’s not Monster Beverage, it’s Celsius Holdings which has already gained over 37,000%. Obviously, Celsius isn’t going to post that same performance over the next ten years. With a valuation of 12 billion dollars the stock already trades at over 70 times earnings. But Celsius is growing at a rate that suits that kind of multiple. Revenue over the last 12 months has doubled to over 1 billion. And over the last 14 weeks, Celsius has become the best-selling energy drink on Amazon with a 21.4% share, overtaking Monster and Red Bull. #celsiusenergy #stocks #investing
