2 Beaten-Down Consumer Stocks That Could Double in Five Years
These top consumer stocks are trading at a 50% discount, with clear growth opportunities ahead.
Overview
Buying growth stocks after a sell-off can be a smart path to a double, provided the business keeps its edge. Chewy (NYSE: CHWY) and Celsius (NASDAQ: CELH) fit that setup today.
Both of these consumer stocks trade well below their highs, carry reasonable forward earnings multiples, and still have clear growth runways. Here's why they look like potential double-baggers over the next five years.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.