Jim Cramer on Celsius Holdings: “The Company’s Doing Quite Well”
Celsius Holdings, Inc. (NASDAQ:CELH) is one of the stocks Jim Cramer talked about. Highlighting the stock’s $70 price target, a caller asked if the stock, currently around $50, is a buy or if the PE ratio is still rich. Cramer replied: “I’ll write this memo in the morning about 10 things I’m watching… and… I read this Needham piece, that’s the one you’re talking about, with the price target of $70. I thought it was a little bit aggressive, but you know what? I think it could put 10 points on because the c ...