We recently published 10 Stocks Outrunning the Market; 3 on a High. Celsius Holdings Inc. (NASDAQ:CELH) was one of the best performers on Friday.
Celsius Holdings rallied for a second day on Friday, jumping 9.49 percent to finish at $48.32 apiece, as investors loaded portfolios ahead of the results of its earnings performance last year.
According to the company, it would release its financial and operating highlights for the fourth quarter and full-year period before market open on Thursday, February 26. A conference call will be held to elaborate on the results.
For the said period, analysts are expecting revenues to be at $2.4 billion, or 78 percent higher than the $1.35 billion Celsius Holdings Inc. (NASDAQ:CELH) posted in 2024.
Pixabay / Public Domain
Bulk of the expected growth is expected to come from Celsius Holdings Inc.’s (NASDAQ:CELH) acquisitions and core business growth.
Apart from the earnings call, the company is also set to participate in the Citi Global Consumer & Retail Conference on March 9 and the UBS Global Consumer and Retail Conference on March 11.
Celsius Holdings Inc. (NASDAQ:CELH) is a beverage company that owns energy drink brand Celsius, as well as other names including Celsius Hydration, Alani Nu, and Rockstar Energy.
While we acknowledge the potential of CELH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
