Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Mid Cap Growth Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. Mid-cap stocks had a challenging first quarter; the Russell Midcap® Growth Index, which was down 7.12%, had greater difficulties than the Russell Midcap® Value Index, which was down 2.11%. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its first-quarter 2025 investor letter, Carillon Eagle Mid Cap Growth Fund highlighted stocks such as Celsius Holdings, Inc. (NASDAQ:CELH). Celsius Holdings, Inc. (NASDAQ:CELH) develops, markets, and distributes functional drinks and liquid supplements. The one-month return of Celsius Holdings, Inc. (NASDAQ:CELH) was 5.83%, and its shares lost 48.07% of their value over the last 52 weeks. On April 24, 2025, Celsius Holdings, Inc. (NASDAQ:CELH) stock closed at $37.20 per share with a market capitalization of $9.588 billion.

Carillon Eagle Mid Cap Growth Fund stated the following regarding Celsius Holdings, Inc. (NASDAQ:CELH) in its Q1 2025 investor letter:

"Celsius Holdings, Inc. (NASDAQ:CELH) develops, markets, sells, and distributes functional fitness and lifestyle beverages. The stock performed well during the period, driven by Celsius’ now-completed acquisition of Alani Nu, a fast-growing energy drink brand that is expected to boost the combined companies’ market share. Additionally, the company’s core business improved sequentially through March and started the second quarter poised to return to positive growth."

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

Celsius Holdings, Inc. (NASDAQ:CELH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 33 hedge fund portfolios held Celsius Holdings, Inc. (NASDAQ:CELH) at the end of the fourth quarter, compared to 29 in the third quarter. Celsius Holdings, Inc. (NASDAQ:CELH) announced a record revenue of $1.36 billion for 2024, highlighting the robust and increasing consumer demand for high-quality functional beverage alternatives. While we acknowledge the potential of Celsius Holdings, Inc. (NASDAQ:CELH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

In another article, we covered Celsius Holdings, Inc. (NASDAQ:CELH) and shared the list of high-risk, high-reward growth stocks you may be interested in incorporating into your portfolio. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors.

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