Prediction: 1 Growth Stock Set to Bounce Back Next Year
Celsius(CELH) The Motley Fool·2024-12-21 17:36
Celsius Holdings (CELH -3.33%) is down 50% this year, and down close to 70% from all-time highs set in May. The energy drink brand has been a growth darling since the 2020 pandemic. Even with this drawdown, Celsius shares are up over 2,000% since March 2020, meaning shares are up around 20x in less than five years. 20x in five years makes Celsius one of the stock market's best performers of the last few years. In early 2024, optimism was at a fever pitch for the stock.Now, this optimism has turned into pess ...