A Bull Market Is Coming: 2 Great Growth Stocks to Buy Right Now That Could Make You a Fortune
Nasdaq It's not easy, but it is possible to earn life-altering gains in the stock market. You just need to find the right stocks.
The two growing companies featured here have delivered fortune-building returns to their shareholders in recent years. Even better, these two growth stocks are set to continue to reward investors who buy their stocks today.
1. Celsius Holdings
It's not hard to see why Celsius Holdings' (NASDAQ: CELH) energy drinks are so popular. As the company likes to tout, their various drink products are chock-full of vitamins and other high-quality ingredients. They're free of sugar and artificial flavors. And they're also clinically proven to help people reduce excess body fat.
These benefits give Celsius' drinks a leg up when competing for the attention of increasingly health-conscious consumers. As a result, sales are booming. Celsius' revenue soared 112% year over year to $326 million in the second quarter.
A partnership with PepsiCo is helping Celsius gain shelf space in retail stores while also making its distribution network more efficient. Combined with lower commodity costs, these sales and efficiency gains drove a 10-percentage-point-plus increase in Celsius' gross margin to 48.8%.
