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Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick


Published on 2024-12-09 14:41:08 - Yahoo Finance
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The article from Yahoo Finance discusses the concept of momentum investing, where investors buy stocks that have had high returns over the past three to twelve months, expecting the trend to continue. It highlights Celsius Holdings, Inc. (CELH) as a stock with significant momentum. Celsius, known for its energy drinks, has seen its stock price surge due to strong sales growth, particularly in North America, and a strategic partnership with PepsiCo. The company reported a 95% year-over-year sales increase in its latest earnings, driven by demand for healthier beverage options. Despite its high valuation, with a forward P/E ratio of 75, the article suggests that Celsius could still be a good pick for momentum investors due to its robust growth prospects and market positioning. However, it also cautions that momentum investing carries risks, as trends can reverse suddenly.

Read the Full YAHOO!Finance Article at:
[ https://finance.yahoo.com/news/momentum-investor-1-stock-could-145012581.html ]