Celsius Holdings, Inc. (CELH): People Are "Excited About New Blood," Says Jim Cramer

We recently published 10 Latest Stocks Jim Cramer Discussed Amidst Market Uncertainty. Celsius Holdings, Inc. (NASDAQ:CELH) is one of the stocks Jim Cramer recently discussed.

Celsius Holdings, Inc. (NASDAQ:CELH) is an American energy drinks company. Its shares have gained a whopping 125% year-to-date, primarily on the back of a massive 43% gain since August. Celsius Holdings, Inc. (NASDAQ:CELH)’s shares have risen as the firm has managed to withstand the beating other food stocks have taken. Its fiscal second-quarter earnings saw the company smash analyst EPS estimates of $0.24 out of the park by posting $0.47.  Celsius Holdings, Inc. (NASDAQ:CELH)’s $739 million in revenue also beat analyst estimates of 653 million, and Cramer also commented on the firm appointing a new President and COO earlier this year:

“But he got, I think he John Fieldly, whom I enjoy, I think he got the better of the deal. He got rockstar, what is that the gateway of rockstar. . .no, but look, obviously people are excited about new blood in there.”

Here are the CNBC TV host’s previous comments about Celsius Holdings, Inc. (NASDAQ:CELH):

“Celsius is expensive, trades at 57 times this year’s earnings, but historically, believe it or not, that’s a lot cheaper than it used to be. Over the past three years, the average forward price-to-earnings multiple for this stock has been closer to 89 times earnings.

Let me give you the bottom line here: While Celsius may be a momentum name, the comparisons are about to get much easier. The standard trends have already improved, and I think Alani Nu acquisition, it could be a huge positive. So I wouldn’t be surprised if the stock could keep running. Although if you don’t own it yet, you might want to wait for a pullback before you pull the trigger.”

While we acknowledge the potential of CELH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.