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NewJerichoMan

08/19/21 10:02 PM

#6733 RE: dave55 #6731

Doesn't jive with all the other beverage stocks *not* linked to CoVid that also exploded. Lots of searching for better-for-you products ($CELH was a hot topic back then), as well as ones that weren't so healthy, i.e., alcohol.

https://www.forbes.com/sites/joemicallef/2020/04/04/how-the-covid-19-pandemic-is-upending-the-alcoholic-beverage-industry/?sh=5b452b244b0b


If you want to say the company was in the "right place, right time"... fine. But it's stock performance, even after a multi-month swoon, is still nearly unmatched, as evidenced by the $TSLA comparison below: