12 Best High Volume Stocks to Buy According to Analysts

3. Celsius Holdings Inc. (NASDAQ:CELH)

Number of Hedge Fund Holders: 33

Average Volume (3-Month): 7.645 million

Upside Potential as of February 19: 48.03%

Celsius Holdings Inc. (NASDAQ:CELH) is a global beverage company that specializes in functional energy drinks and supplements. With a focus on accelerating metabolism and fat burning, it offers a range of products that are distributed through a network of retailers, gyms, and online platforms. These products reach consumers across multiple continents.

The North American energy drink sales drive most of this company’s revenue. In Q3 2024, retail sales grew 7.1% year-over-year, with unit sales up 7.3%, while the overall energy drink category grew by only 2%. The company’s market share in MULO Plus with Convenience reached 11.6%. Sales through various channels showed mixed results. Amazon sales increased 21% to $27 million, while Costco sales rose 15%. However, club channel sales decreased 4% to $60.5 million. Food service sales, through PepsiCo, accounted for 12.3% of North American revenue.

Celsius Holdings Inc. (NASDAQ:CELH) is focusing on three key growth areas: attracting new customers with innovative flavors and marketing, expanding product availability, and increasing consumption frequency. It’s investing in marketing, innovation, and operational efficiency, which include the acquisition of a co-packer, to drive growth in the North American market.