Is Celsius (CELH) Stock Outpacing Its Consumer Staples Peers This Year?

Consumer Staples investors are always on the lookout for top-performing companies in the sector. Celsius Holdings Inc. (CELH) is one such stock that has shown strong performance this year. As a member of the Consumer Staples sector, Celsius Holdings Inc. holds a Zacks Sector Rank of #14 out of 191 individual stocks. The Zacks Rank, a successful stock-picking model, currently rates CELH as a #2 (Buy).

Over the past three months, analyst sentiment for CELH has improved, with a 22% increase in the Zacks Consensus Estimate for full-year earnings. The stock has returned an impressive 55.5% year-to-date, outperforming the sector average of -7.2%. Another notable stock in the Consumer Staples sector is e.l.f. Beauty (ELF), which has returned 105.7% this year and holds a Zacks Rank of #1 (Strong Buy).

Celsius Holdings Inc. belongs to the Food – Miscellaneous industry, which is ranked #149 out of 46 companies. In comparison, the Cosmetics industry, to which e.l.f. Beauty belongs, is ranked #213 out of 14 companies. Despite industry challenges, both CELH and ELF have shown strong performance and are worth keeping an eye on for further growth. Investors interested in Consumer Staples stocks should consider these promising companies for their portfolios.

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