Where Will Monster Growth Stock Celsius Be In 5 Years?

In the last five years, shares of Celsius Holdings (NASDAQ: CELH) are up 6,290%. That means for every $1,000 someone invested in Celsius five years ago, it is worth over $60,000 today. Not bad. The owner of the Celsius energy drink brand has grown its revenue like gangbusters as it gains market share in the highly profitable energy drink space and makes investors a fortune in the process.

But what will the next five years look like? The company has some big plans up its sleeve and just reported another strong earnings report, sending the stock close to all-time highs. Let's see where this monster grower could end up in five years and whether the stock is a buy at today's prices.

On its face, revenue growth looked a bit weak in the first quarter of 2024. It was just 37% year over year in the period compared to 102% in the fourth quarter of 2023. Sales hit $355.7 million -- a record -- but investors should be rightfully concerned about slowing sales growth as this business matures.

Continue reading


Source Fool.com