1 Growth Stock Down 34% to Buy Right Now

For most of 2024, Celsius Holdings (NASDAQ: CELH) stock has been on a good run, hitting an all-time high of $96.11 in March. After a little dip in April, the stock came back up before falling nearly 40% from its 2024 high just over the last month. Shareholders have had their conviction tested during this roller-coaster ride.There are reasons for the volatility in the stock price, but the question investors should always ask when a stock falls dramatically in a short time is whether the severity of the sell-off is warranted. Let's dig in and see why Celsius remains a stock to buy, even after this dip.One of the main reasons Celsius stock has been on such a run-up over the last few years has been the company's eye-popping revenue-growth results. Over the past five years, quarterly year-over-year revenue growth has consistently been above 50%, often reaching triple digits. The company also has turned sustainably profitable and generated increasing amounts of free cash flow over the last several quarters.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Zum vollständigen Artikel