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Down Nearly 60% From Its High, Is Celsius Holdings Stock a Bargain Buy?

TheMotleyFool

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Down Nearly 60% From Its High, Is Celsius Holdings Stock a Bargain Buy?: https://g.foolcdn.com/editorial/images/787596/businessman-checking-his-phone.jpg

Celsius Holdings (NASDAQ: CELH) has been a top growth stock to own in recent years. Its energy drinks have been growing in popularity, and as a result, sales and profits have also been taking off, making Celsius an attractive investment to buy and hold.

But recently, the stock has been struggling. It has been in a free fall as investors have become concerned about its future growth prospects. The stock is not only down 60% from its highs this year, it's also trading near its 52-week low.

Is now a good time to buy this beaten-down growth stock, or could there be more pain ahead for investors?

Source Fool.com

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