The Ultimate Growth Stock Is in a 45% Drawdown: Should You Buy the Dip for the Second Half of 2024?
Celsius Holdings (CELH -10.64%) is up around 25,000% in the last 10 years. The stock is also currently inflicting pain on shareholders, with shares down 46% from recent highs set earlier in 2024. This is one of its worst drawdowns ever and has the stock at its cheapest earnings multiple in recent memory. Rapid growth, profit inflection Revenue growth has been astounding. Five years ago, Celsius had revenue well under 1.4 billion in sales. Now, it is s ...