Monster Beverage Stock Soars Over 65,000% in 20 Years Fueled by Energy Drink Dominance and Global Growth Potential
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Monster Beverage (MNST) stock has split 5 times in the past 20 years, seeing massive 65,610% growth over that period to become the best performing S&P 500 stock.
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Monster Beverage is a dominant market leader in energy drinks with strong brand recognition and an exclusive distribution partnership with Coca-Cola.
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The company continues to grow steadily, with Q3 revenue up 14% year-over-year driven by energy drinks and newly acquired alcoholic beverages.
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Monster is gaining market share globally and sees growth potential in large markets like China.
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The stock trades at a reasonable valuation of 8.6 times sales compared to its 3-year average of 9 times sales, presenting a buying opportunity.