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Can Celsius Stock Reach $100 in 2024?

TheMotleyFool

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Can Celsius Stock Reach $100 in 2024?: https://g.foolcdn.com/editorial/images/765378/drinking-energy-drink-studying-taking-notes.jpg

The Nasdaq Composite has done well for investors in recent years. Since February 2019, the tech-heavy benchmark has returned 120%, including dividends. That's impressive.

But I think investors would struggle to find a business that has done better for shareholders than Celsius Holdings (NASDAQ: CELH). The beverage stock has skyrocketed more than 5,000% in the last five years, a monster gain.

Bullish investors are hoping that the momentum continues. In the same vein, can Celsius stock reach $100 by the end of 2024, translating to a return of 60% from the current share price?

Source Fool.com

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