2 Soaring Stocks I'd Buy Now With No Hesitation
A company's growth can tell investors a lot. Companies that grow their revenue at high rates over a long period of time typically deliver superior returns to the broad market.
And this kind of robust revenue growth has sent the stocks of energy drink maker Celsius Holdings (NASDAQ: CELH) and emerging cosmetics brand e.l.f. Beauty (NYSE: ELF) up 80% and 140%, respectively, over the last year. Here's what's fueling these companies' momentum and why I wouldn't hesitate to buy shares right now.
Emerging beverage brand Celsius has used a lucrative distribution agreement with to gain market share in the $159 billion energy drink market. The strong demand for its products is fueling the same level of rapid expansion that sent Monster Beverage stock up over 50,000% in the last 20 years.
Source Fool.com
PepsiCo Inc. Stock
With 22 Buy predictions and not a single Sell prediction PepsiCo Inc. is an absolute favorite of our community.
As a result the target price of 174 € shows a slightly positive potential of 10.03% compared to the current price of 158.14 € for PepsiCo Inc..
