5 High Growth Consumer Stocks To Buy

4. Celsius Holdings, Inc. (NASDAQ:CELH)

Revenue Growth YoY: 136.04%

Celsius Holdings, Inc. (NASDAQ:CELH) is a liquid supplements company that operates in North America, Asia, Europe, and other countries. The company offers a variety of non-carbonated and carbonated drinks, dietary supplements, functional energy drinks, and powdered form energy drinks. Celsius Holdings, Inc. (NASDAQ:CELH) offers its product under various brand names, including Celsius, Celsius Heat, Celsius-Stevia, Celsius BCAA, Celsius On-The-Go, Heat On-The-Go, and Fast.

On February 6, 2023,  Gerald Pascarelli, an analyst at Wedbush, raised his price target on Celsius Holdings, Inc. (NASDAQ:CELH) to $115 from $95 and upgraded the rating on the company’s shares to Outperform from Neutral. According to the analyst, the recent share price decline presents an appealing entry point for any investor wishing to invest in the strongest growth story of the consumer packaged goods sector.

Carillon Tower Advisers made the following comment about Celsius Holdings, Inc. (NASDAQ:CELH) in its Q3 2022 investor letter:

“Celsius Holdings, Inc. (NASDAQ:CELH) develops, markets, sells, and distributes functional fitness and lifestyle beverages. The company’s shares outperformed in the period as it was announced that a major global soft drink company would take a minority ownership stake in the company in a deal that also would involve a strategic distribution agreement. In addition, Celsius reported a strong quarter, and it continues to gain market share in the energy drink category.”