Is Celsius Stock The Next Coca-Cola?
Tue, Sep 10, 2024 1:17 PM

Is Celsius Stock The Next Coca-Cola?

A Flip by Shubhangi Gupta
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One of Warren Buffett's best investments was in Coca-Cola. He bought around $1 billion in shares back in 1988, or 6.2% of the company. This occurred after the market crash of 1987 and gave Buffett a buying opportunity at a cheap price-to-earnings ratio (P/E). It was also right before Coca-Cola rapidly expanded internationally. By 1998, the company's stock was up over 10x for Buffett.

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