10 Best Short-Term Stocks To Buy Right Now

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

Last 52 weeks return: -71.03%

Last 1 month’s return: 21.22%

No. of hedge fund portfolios: 33

Celsius Holdings, Inc. (NASDAQ:CELH) is a global company specializing in fitness beverages to boost energy levels. Its flagship product, Celsius, contains natural ingredients, appealing to health-conscious consumers. The company’s headquarters are located in Florida, the U.S. Competing with brands like Monster and Red Bull, the company leverages brand loyalty, strategic partnerships, and distribution expansion to acquire sustained growth.

Celsius Holdings, Inc. (NASDAQ:CELH) has experienced a steep decline of 71.03% over the past 52 weeks. The decline reflects the challenges faced by the company, including reduced unit velocity and softer macroeconomic conditions, which are affecting the revenue. Notably, there was a 6% drop in sales in North America after PepsiCo, the largest distributor for the company, reduced its inventory.

However, Celsius Holdings, Inc. (NASDAQ:CELH) has shown signs of recovery in the last month, surging 21.22%. In its fourth quarter, the company announced an acquisition of Alani Nutrition, which could enhance its position in the sugar-free beverage market. The announcement has a broad positive reception, adding value to its shares. Short-term indicators also highlight a mild upward momentum, with the 20-day SMA rising by 1.64%, though the 200-day SMA stays negative at 26.74%.

With 33 hedge fund portfolios tracking the stock as per Insider Monkey’s database of Q4 2024, institutional interest remains significant, placing Celsius Holdings among the top short-term stocks for investors.