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Celsius(CELH.US)因增长忧虑股价暴跌 巴伦周刊逆势看涨

Celsius (CELH.US) stock price plummeted due to growth concerns. Contrary to this, Barron's magazine is optimistic.

Zhitong Finance ·  Sep 9 11:33

Celsius Holdings (CELH.US) stocks are in oversold condition.

According to the Barren's Weekly, Celsius Holdings (CELH.US) stocks are in oversold condition due to concerns about the slowing growth trend. Barren's Weekly also states that the energy drink manufacturer is pushing its products into more grocery stores, increasing online sales, and expanding overseas. "After the dust settles, the stock price is expected to rise".

Celsius Holdings is also praised for harnessing the power of social media, partnering with well-known fitness enthusiasts and health experts to increase brand awareness. This strategy helped the company achieve a 30% increase in sales in gyms and fitness clubs in the second quarter. Maxim Group analyst Anthony Vendetti emphasizes: "Celsius has some very loyal customers." He adds, "Some of them drink it every day, just like some people drink coffee every day."

Celsius Holdings is a global beverage company headquartered in Boca Raton, Florida, USA. The company is known worldwide for its flagship product, CELSIUS functional energy drink, and is committed to providing healthier alternatives to traditional energy drinks. Compared to traditional energy drinks, its products are sugar-free and emphasize the function of accelerating metabolism and burning calories.

Although Celsius Holdings has increased its market share this year, the latest data from Nielsen shows some fluctuations. According to Nielsen's latest US retail scanning data, in the energy drink category, Bang sales exceeded Celsius Holdings. In the four-week period ending August 24, Bang's sales increased by 13.4% year-on-year, while Celsius Holdings' sales increased by 5.9% year-on-year, Red Bull increased by 2.5% year-on-year, and Monster Beverage (MNST.US) increased by 2.5% year-on-year (excluding Bang).

In the past 90 days, Celsius Holdings' stock price has fallen by over 50%, a decrease of about 70% from its 52-week high.

Seeking Alpha analyst Daniel Dunaevski is also bullish on Celsius Holdings, believing that it could be an attractive acquisition target for PepsiCo (PEP.US).

The translation is provided by third-party software.


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