Monster Beverage: Still Backing It All The Way
Monster(MNST) Seeking Alpha·2024-03-14 03:10
Justin Sullivan This report covers Monster Beverage Corporation's (NASDAQ:MNST) stock, an asset secured by a company that we believe is perfectly placed to benefit from a generational consumer trend. Our latest coverage of Monster was back in June last year. We assigned a buy rating to the stock, stating that it remains a GARP opportunity. However, Monster has underperformed the S&P 500 market ever since, encouraging us to do a follow-up analysis. Previous MNST Rating (Seeking Alpha) Herewith are our ...