Celsius Holdings, Inc. (CELH): A Bear Case Theory

We came across a bearish thesis on Celsius Holdings, Inc. (CELH) on Substack by The Dutch Investors. In this article, we will summarize the bears’ thesis on CELH. Celsius Holdings, Inc. (CELH)'s share was trading at $31.25 as of March 20^th. CELH’s trailing and forward P/E were 69.44 and 35.34 respectively according to Yahoo Finance.

[caption id="attachment_1209707" align="aligncenter" width="768"] A colorful display of sparkling waters, juices, energy drinks and carbonated soft drinks on a convenience store shelf, emphasizing the company's impressive beverage...