5 High Growth Consumer Stocks to Buy

In this article, we will take a look at the 5 high growth consumer stocks to buy. To read our analysis of the recent trends and market activity, you can go to the 14 High Growth Consumer Stocks to Buy.

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

Revenue Growth YoY: 104.46%

Number of Hedge Fund Holders: 42

Boca Raton, Florida-based Celsius Holdings, Inc. (NASDAQ:CELH) is the maker of energy drink brand CELSIUS®, a lifestyle energy drink.

On November 7, Celsius Holdings, Inc. (NASDAQ:CELH) released its financial results for Q3 2023 which showed a 104% y-o-y growth in the company’s revenue to $385 million. Compared to a net loss of $186 million, the company generated a net income of $70 million during the quarter.

As of Q4 2023, 42 hedge funds tracked by Insider Monkey owned Celsius Holdings, Inc. (NASDAQ:CELH) shares valued at $519 million. Marshall Wace LLP was its lead hedge fund shareholder with ownership of 2.6 million shares valued at $143 million.