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Is It Too Late to Buy Celsius Stock?

TheMotleyFool

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Is It Too Late to Buy Celsius Stock?: https://g.foolcdn.com/editorial/images/786548/drinking-energy-drink-studying-taking-notes.jpg

You'd struggle to find businesses that have rewarded their shareholders more than Celsius (NASDAQ: CELH) has. The energy drink purveyor, known for its health-focused branding and natural ingredients, has seen shares catapult 2,560% higher in the past five years. That type of return would have turned a $1,000 investment into a jaw-dropping $26,600 today.

But after such a phenomenal performance, is it too late for investors to buy this booming beverage stock?

Celsius just reported second-quarter 2024 financial results (ended June 30). The business beat Wall Street estimates on both the top and bottom lines, which was a pleasant surprise.

Source Fool.com

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