MomentumPython1337
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recession fears expect consumer to weaken. energy drink is not a necessity. and it doesn't have the same brand value like coke. i think this stock is pricing that in.
ColoradoInvestor
MomentumPython1337
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It’s addictive with the caffeine. I am starting to see it everywhere which means Pepsi has gotten it shelf space. The product is good and blows away Monster. It’s a buy here.
LivingYears
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CELH needs to show increasing EPS and revenue. riding on Pepsi distribution channels should help it lots. It is sold down possibly due to negative view of consumer discretionary in light of Feb cuts i.e. something might be broken, recession, bubble deflating... I still like CELH at this level. Selling puts to collect premium and if assigned will be at my preferred price.
Salmon Klein
MomentumPython1337
:
well that is reading way too far man. the economy is not good for the last 4 years and still has been raising so must be another reason for the stock to standby...like uncertainty on earnings or redistribution phase among sectors but no macro economical data for this one
MomentumPython1337
Salmon Klein
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i don't think it's correct to say that economy has been doing that badly because mainly you've got the US govt loosening up monetary policy after covid struck and that introduced a lot of liquidity into the economy that's why we saw big rallies in end of 2020 and throughout 2021. there was a brief period of consumer suffering and unemployment skyrocketed but it got back under control.
celsius continued skyrocketing on the basis that its consumer demand growth would continue to increase and its stock price is trading at a premium based on that. a lot of these new up and coming companies pretty much all trade at a premium if you look at companies like CRWD it was trading at a premium relative to peers, and MONSTER was also trading at a premium because people believed it would continue growing at an explosive rate.
at this moment we have to accept that there's a lot of uncertainty as to whether the consumer is holding on or not. you see mixed signals because on one hand jobless claims appear to be rising. and also you see pepsi building up its inventory that's not a good sign for the consumer but at the same time you see other consumer companies doing better than expected it's still an uncertain period and if people are risk averse they'll start selling the companies trading at a premium and they'll go back to the market leaders the companies like coca-cola or they'll go back to the megacaps.
i sure hope the consumer remains robust because if a recession strikes my stocks will tank again
MomentumPython1337 : not holding the 48-50 support line with confidence. i wouldn't buy it at its current state.
MomentumPython1337 : worst case might go back to 30s...
MomentumPython1337 : recession fears expect consumer to weaken. energy drink is not a necessity. and it doesn't have the same brand value like coke. i think this stock is pricing that in.
MomentumPython1337 : this stock would do well when consumer is strong, which is when economy is strong and unemployment is low
ForeverBean : Holding shares, buying puts, enjoying the ride![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
xxxjaystation : I genuinely like the drink so I don't mind putting in some money
ColoradoInvestor MomentumPython1337 : It’s addictive with the caffeine.
I am starting to see it everywhere which means Pepsi has gotten it shelf space. The product is good and blows away Monster. It’s a buy here.
LivingYears : CELH needs to show increasing EPS and revenue. riding on Pepsi distribution channels should help it lots. It is sold down possibly due to negative view of consumer discretionary in light of Feb cuts i.e. something might be broken, recession, bubble deflating... I still like CELH at this level. Selling puts to collect premium and if assigned will be at my preferred price.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Salmon Klein MomentumPython1337 : well that is reading way too far man. the economy is not good for the last 4 years and still has been raising so must be another reason for the stock to standby...like uncertainty on earnings or redistribution phase among sectors but no macro economical data for this one
MomentumPython1337 Salmon Klein : i don't think it's correct to say that economy has been doing that badly because mainly you've got the US govt loosening up monetary policy after covid struck and that introduced a lot of liquidity into the economy that's why we saw big rallies in end of 2020 and throughout 2021. there was a brief period of consumer suffering and unemployment skyrocketed but it got back under control.
celsius continued skyrocketing on the basis that its consumer demand growth would continue to increase and its stock price is trading at a premium based on that. a lot of these new up and coming companies pretty much all trade at a premium if you look at companies like CRWD it was trading at a premium relative to peers, and MONSTER was also trading at a premium because people believed it would continue growing at an explosive rate.
at this moment we have to accept that there's a lot of uncertainty as to whether the consumer is holding on or not. you see mixed signals because on one hand jobless claims appear to be rising. and also you see pepsi building up its inventory that's not a good sign for the consumer but at the same time you see other consumer companies doing better than expected it's still an uncertain period and if people are risk averse they'll start selling the companies trading at a premium and they'll go back to the market leaders the companies like coca-cola or they'll go back to the megacaps.
i sure hope the consumer remains robust because if a recession strikes my stocks will tank again