Diamonds and Dogs
Celsius Holdings (CELH) jumps on an upgrade. The energy drink company is up 7% thanks to an upgrade with a $115 price target. The analyst sees accelerating rates of market share gains, running at all-time highs. The analyst believes this is an attractive entry point for investors looking to gain exposure to the best growth story in the consumer packaged goods segment.
Energizer Holdings (ENR) not so energized. The battery company is down 9% after reporting fiscal first-quarter profit and sales that fell below expectations, as lower volume and the exit of some battery customers and products were only partially offset by higher pricing. Net income for the quarter to Dec. 31 declined to $49.0 million, or 68 cents a share, from $56.0 million, or 83 cents a share, in the year-ago period.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.