Celsius (CELH 2.15%) is a fast-growing beverage company that doesn't make beverages. Instead, the companies making Celsius drinks are co-packers or third parties who mix and package Celsius' products.
In this video, Travis Hoium explains why this is a successful strategy and shows how Celsius can use third parties to fuel growth.
*Stock prices used were end-of-day prices of Dec. 12, 2023. The video was published on Dec. 13, 2023.
