Charts indicate that this energizing drink stock is poised to surpass $100

Are you looking for the next big investment opportunity in the stock market? Look no further than Celsius, the energy drink company that has been making waves in the market. In just a year, Celsius has seen its market cap soar to $21 billion, putting it on the map alongside industry giants like Red Bull and Monster Beverage.

At Extreme Investor Network, we have been keeping a close eye on Celsius, and we believe there is still plenty of room for growth. The company’s stock recently broke out following strong earnings on May 8, and we think it has the potential to rally even higher.

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From a technical standpoint, the stock is currently trading at around $99.75, with key resistance levels at $88 and $94. If Celsius can break through these barriers, we could see the stock price soar to $127 and even $140. The company’s impressive growth in recent years, coupled with a first-quarter gross margin figure at a record high of 51%, points to a bright future for Celsius.

While Celsius may not come cheap with a forward multiple of 75 times next year’s earnings, the company is expected to grow earnings by 35% over the next two years, which could bring the forward multiple down to a more reasonable level. With all these factors in play, we are confident in our target price of $127 for Celsius.

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Todd Gordon, founder of Inside Edge Capital, LLC, has a personal ownership stake in Celsius and has included the stock in his wealth management company’s portfolio. As experts in investing, we believe that Celsius has the potential to be a game-changer in the energy drink market, and we are excited to see where this investment opportunity takes us.

Stay tuned to Extreme Investor Network for more updates on Celsius and other exciting investment opportunities. Whether you’re an experienced investor or just starting out, our platform is your go-to source for cutting-edge investment insights and analysis. Join us on our journey to extreme investment success!

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