NU

【Week 4 - Opened a new position in Celsius】

Celsius has been down over 50% from its ATHs while continuing to dominate the energy drink sector. Energy drink maker Alani Nu, which was acquired last April, helped fuel Celsius' overall growth, with pro forma revenue jumping 60% to $368 million. The company also saw $67 million in sales from its recently acquired Rockstar brand, another line of energy drinks. Revenue from the flagship Celsius brand, meanwhile, returned to growth, up 6%. Overall, company sales surged 138% to $782.6 million. Meanwhile, retail sales increased by 29.8%. Celsius brand retail sales were up 6%, while Alani Nu retail sales doubled. However investors are fearful due to compressed gross margins as well as slowing growth. This drove the stock lower, and right now it is only trading card about 21x earnings estimates which is rather attractive to start a new position. Now it is all about patience as the stock begins to recover. @Bridge Buzz SG