Monster Beverage (MNST) to Benefit From Energy Drinks Business

Monster Beverage Corp. (MNST) has been experiencing continued strength in its energy drinks category, which is driving its performance. The company has been benefiting from the expansion of the energy drinks category and product launches. Product innovation has played a significant role in the company's success.Pricing increases, along with lower freight-in costs and reduced aluminum can costs, have been contributing to robust margins. The company’s steady lineup of product launches is likely to help retain ...