Some investors, particularly the ones seeking high growth, generally want to find stocks that can double in value in two years or less. This means a stock would have to rise by a compound annual growth rate (CAGR) of about 42% over that period.
For the first time in decades, Coca-Cola Co. NYSE: KO reported negative free cash flow (operating cash flow minus capital expenditures), with a net outflow of $1.4 billion. While this headline may alarm some investors, the underlying cause wasn't a collapse in sales or brand strength; it was a strategic acquisition.
Morgan Stanley upgraded Celsius Holdings Inc (NASDAQ:CELH) stock to "overweight" from "equal weight" earlier, and hiked its price target to $70 from $61.
Celsius Holdings is set for additional gains as its core and acquired beverage lines strengthen across markets, according to Morgan Stanley. The investment bank upgraded the energy drink maker to overweight from equal weight, citing expectations for renewed topline growth momentum.
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