Celsius Stock Is Trading Below $40: Should You Buy It Hand Over Fist Right Now and Hold for 20 Years?
Celsius (NASDAQ: CELH) was once the talk of the town among investors. In the five-year period leading up to the stock's Mar. 2024 all-time high, it surged more than 7,300%. The business was putting up ridiculous growth numbers year after year.However, the remainder of 2024 was a rude awakening as sales started to come under pressure. The beverage stock is 64% off its peak, as of this writing, despite climbing 44% in the past three months. Clearly, volatility is still a major part of the story.Celsius is trading below $40 right now. Should you buy it hand over fist and hold for the next 20 years? Continue reading
Celsius (NASDAQ: CELH) was once the talk of the town among investors. In the five-year period leading up to the stock's Mar. 2024 all-time high, it surged more than 7,300%. The business was putting up ridiculous growth numbers year after year.
However, the remainder of 2024 was a rude awakening as sales started to come under pressure. The beverage stock is 64% off its peak, as of this writing, despite climbing 44% in the past three months. Clearly, volatility is still a major part of the story.
Celsius is trading below $40 right now. Should you buy it hand over fist and hold for the next 20 years?
