For anyone invested in the beverage sector, it behooves you to follow Beverage Insights on Twitter (X). Here is their latests tweets on Nielsen weekly scanner data: x.com/…Feel free to ruminate over the wiggles in this stock, it’s been difficult to hold over the last couple of years due to unexplained turbulence. I’ve taken a different approach. I was an investor in $MNST long ago, and when $KO ‘s partnership was announced nearly 9 years ago, you have had an approximate doubling of share price on each doubling of revenues. As fast as $CELH revenues are growing (over 100% currently) it will take sitting and holding for revenues to double again. And again, and again. Realize the seasonal strong period is the 2nd and 3rd quarter, so comps may get more challenging for the next couple of quarters, buckle up. Note also, international sales are de minimis at $CELH, where MNST does around a third of its business outside of the US. So there remains a large market opportunity that has yet to be exploited by CELH/PEP
Source: seekingalpha.com
