3 Reasons to Buy Celsius Stock Like There's No Tomorrow
Celsius (NASDAQ: CELH) stock has struggled since last summer amid uncertainty related to one of its major distributors. That distributor (likely PepsiCo) abruptly scaled back purchases as demand for Celsius beverages seemed to slow.That led to a massive sell-off, forcing investors to reevaluate Celsius stock. Still, despite its challenges, investors may have compelling reasons to buy the beverage stock, and these three reasons may explain why.Celsius is one of many competitors in an admittedly crowded energy drink industry. Red Bull and Monster Beverage lead the industry, though Celsius has reached third place.Continue reading
Celsius (NASDAQ: CELH) stock has struggled since last summer amid uncertainty related to one of its major distributors. That distributor (likely PepsiCo) abruptly scaled back purchases as demand for Celsius beverages seemed to slow.
That led to a massive sell-off, forcing investors to reevaluate Celsius stock. Still, despite its challenges, investors may have compelling reasons to buy the beverage stock, and these three reasons may explain why.
Celsius is one of many competitors in an admittedly crowded energy drink industry. Red Bull and Monster Beverage lead the industry, though Celsius has reached third place.
