More than 300 companies with market caps north of $1 billion didn't participate in January's rally, and some of those laggards will surprise you. Celsius Holdings (NASDAQ: CELH), Coca-Cola (NYSE: KO), and O'Reilly Automotive (NASDAQ: ORLY) are among the names trading lower this year. Celsius is a distributor of functional energy drinks -- fruit-flavored sparkling water that also packs a proprietary blend of ingredients that it claims help improve near-term metabolism rates.
In the latest trading session, Celsius Holdings Inc. (CELH) closed at $100.45, marking a +0.13% move from the previous day.
Few companies generated the buzz (and returns) of Celsius Holdings (NASDAQ: CELH) in 2022. Let's see why this pair of beverage stocks might be better investments than the energy drink maker. Drive-thru coffee chain Dutch Bros (NYSE: BROS) is the third-largest coffee chain in the U.S., and aims to have 800 stores in operation next year.