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MarketBeat
MarketBeat
Gabriel Osorio-Mazilli

Celsius Stock May Thrive as Pepsi and Coca-Cola Face Headwinds

The stock market is often effective at quickly closing down potential inefficiencies and gaps inside sectors and specific stocks; however, sometimes, the attention is so focused on other news and spaces that these inefficiencies last longer than usual. This is where investors with enough courage to stomach going against the grain can lock in profits to make memorable years.

Such a case is available for analysis and consideration in the retail sector, specifically in shares of Celsius Holdings Inc. (NASDAQ: CELH) and their discounts to 27% of their 52-week high levels as they are dragged lower from similar (though less aggressive) sell-offs in other big names in the beverage industry over the past couple of quarters. Stocks like Coca-Cola Co. (NYSE: KO) and PepsiCo Inc. (NASDAQ: PEP). Wall Street analysts still think there is enough upside in Celsius stock to close this gap against peers from today’s prices.

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