Jim Cramer on Celsius Holdings: “I Was Surprised About That Miss”

Celsius Holdings, Inc. (NASDAQ:CELH) is one of the stocks Jim Cramer mentioned in his latest comments. Noting that the stock declined around 25% after reporting its earnings, a caller asked if it is a good entry point. Cramer replied:

“I was surprised about that miss and frankly, I didn’t understand it. I have been behind Celsius. I almost included a big part in my book about Celsius. Thank heavens, it actually didn’t get in because that was a bad miss. I think that we got to, we have to wait another quarter. I’m sorry that miss was not good. Got to call like I see it.”

Photo by Adam Nowakowski on Unsplash

Celsius Holdings, Inc. (NASDAQ:CELH) sells energy and hydration drinks under brands like CELSIUS, CELSIUS Originals, and CELSIUS ESSENTIALS. A caller asked for Cramer’s outlook on the stock during the September 17 episode. He responded:

“Oh my God, I like John Fieldly [at] Celsius. Yeah, I got this book coming out, and this did not make it into the book. I wish it had. I think this company is doing incredibly well. I like them…”

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Disclosure: None. This article is originally published at Insider Monkey.