Argosy Investors, an investment management company, released its Q1 2026 investor letter. A copy is available to download here. The letter discussed the current transformative investment landscape driven by the AI capex boom. The author expressed skepticism about the durability of the earnings flowing to its market participants and suppliers. The main challenge during capex booms is balancing supply and demand, especially the accelerated shift of AI technologies. While companies benefit from rising volumes and prices, the potential for earnings to be overstated becomes a concern if supply catches up quicker than anticipated. In this backdrop, the firm remains cautious in taking investment decisions. In addition, please check the Fund’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Argosy Investors highlighted Celsius Holdings, Inc. (NASDAQ:CELH). Celsius Holdings, Inc. (NASDAQ:CELH) is a leading functional beverage company that develops, markets, and distributes functional drinks and liquid supplements. On June 5, 2026, Celsius Holdings, Inc. (NASDAQ:CELH) closed at $28.13 per share. One-month return of Celsius Holdings, Inc. (NASDAQ:CELH) was -8.19%, and its shares lost 33.47% over the past 52 weeks. Celsius Holdings, Inc. (NASDAQ:CELH) has a market capitalization of $7.19 billion.
Argosy Investors stated the following regarding Celsius Holdings, Inc. (NASDAQ:CELH) in its Q1 2026 investor letter:
“I trimmed Wayfair (W) and Celsius Holdings, Inc. (NASDAQ:CELH) both on a valuation basis after significant returns in approximately one year. I still like these businesses and subsequent price declines after these trims makes them candidates for adding back to the position.”
Celsius Holdings, Inc. (NASDAQ:CELH) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 52 hedge fund portfolios held Celsius Holdings, Inc. (NASDAQ:CELH) at the end of the first quarter, compared to 56 in the previous quarter. Celsius Holdings, Inc. (NASDAQ:CELH) reported delivered record revenue of $783 million in Q1 2026 reflecting ongoing strength across the portfolio and effective execution of operational priorities. While we acknowledge the potential of Celsius Holdings, Inc. (NASDAQ:CELH) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
