Monster Beverage has been in the Top 5 best performing stocks over the last 25 years and they continue to innovate and gain market share.
Their marketing of sports events and their can designs have been exceptional to attract young adults and gym goers, their strong move to sugar free drinks has also been an rewarding move and something maybe $KO should have adopted sooner and pushed more for.
$MNST is not going to make you a fortune buying in now but there is still more room to grow as long as the price stays above the 200 Day MA which it has done for the last 25 years.
I suspect they will start paying a dividend soon to continue to attract more buyers.
makis
2024-05-04 18:25:22 +0000 UTC