Reported 7 months ago
Shares of energy-drink company Celsius Holdings (NASDAQ: CELH) have dropped over 30% in just a few weeks, a common occurrence that has happened twice a year in the last five years. Despite this, Celsius stock has seen incredible growth of over 5,000% in five years, making it a worthwhile investment despite volatility. Recent concerns about slowing sales growth and market share loss have caused a dip, but analysts believe this is an overreaction by investors. While the stock may not be a bargain yet, Celsius still has potential for significant growth with international market expansion, doubling business from current levels. This presents an opportunity for investors to consider buying on the dip for long-term gains.
Source: YAHOO