Pezempic aka Celsius DD Party
Posted: May 05, 2024
- Stock pick: Celsius (CELH) - Reasons to invest: - Popular product for salespeople and gym-goers - Positive earnings report and support from Pepsi - Expansion into international markets - New flavors and non-carbonated drinks - Weight loss benefits - Predicted stock price increase on Monday, potential for 15-20% increase on Tuesday - Author's position: 434 shares and 2 call strats at $85+ - Recommended buying strategy and potential exit point before market downturn.
Summarized top reddit comments: - People aren't spending on luxuries like good energy drinks/caffeine as shown by Starbucks earnings and Monster slightly missing last month - Celsius isn't a luxury like Starbucks. It's cost-effective and a better alternative. - Comparisons to Ozempic are not accurate. - Confidence in CELH is high, with 2.5k shares and calls invested. - Energy drink market is competitive with various brands. Celsius has potential but may face challenges. - Some users have invested in other stocks but see CELH as a good play. - Some users are bullish on CELH, while others believe puts are the way to go. - Mixed opinions on the taste of Celsius.
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