We recently published a list of 10 Firms Kick Off Trading Week Stronger. In this article, we are going to take a look at where Celsius Holdings Inc. (NASDAQ:CELH) stands against other firms that kicked off the trading week stronger.

The stock market began the trading week on a mixed note as investors continued to digest President Donald Trump’s new tariff agenda, with all economies expecting to be hit by import taxes.

Among all major indices, only the Nasdaq registered losses, down 0.14 percent. In contrast, the Dow Jones jumped by 1 percent while the S&P 500 grew by 0.55 percent.

Despite the broader market downturn, 10 individual stocks stood their ground, finishing the day in the green amid a flurry of fresh corporate developments that boosted investor appetite.

In this article, we named Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

A hand pouring a cool can of a carbonated non-alcoholic beverage with a smiley face on it.

Celsius Holdings Inc. (NASDAQ:CELH)

Shares of Celsius Holdings jumped by 5.85 percent on Monday to end at $35.62 apiece as investor sentiment was fueled by an investment research firm’s rating upgrade for the company.

On the same day, analysts from Truist raised CELH’s stock rating to Buy from Hold previously, saying that the company is capable of cornering the women’s market. It also markedly raised its price target for the company to $45 from $10 previously.

According to Truist, its rating upgrade was supported by CELH’s acquisition of the Alani Nu brand, which used to cannibalize its sales. It said it expects the deal to help investors look past the company’s challenges in 2024 and the start of 2025.

CELH posted an impressive stock performance last week, helped by PepsiCo’s move to expand its healthy drinks category.

PepsiCo, which owns a significant stake in CELH, recently entered into an agreement to acquire prebiotic soda brand Poppi for $2 billion. The news dribbled into CELH, which produces a range of fitness and energy beverages under the brand Celsius.

Overall, CELH ranks 4th on our list of firms that kicked off the trading week stronger. While we acknowledge the potential of CELH as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as CELH but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.