Monster Beverage Stock Falls 8% in 3 Months: Should You Buy the Dip?

Monster Beverage Corporation (MNST) shares have lost 8.3% in the past three months. This decline is a contrast to the Zacks Beverages - Soft drinks industry and the S&P 500 index’s growth of 1.8% and 3.6%, respectively. MNST stock has also underperformed the Zacks Consumer Staples sector’s decline of 2.2%.MNST Stock's Past Three Months' Performance Image Source: Zacks Investment Research As MNST is trading near its 52-week low of $43.32, investors are left wondering: Is it time to buy the dip or wait for fu ...