Monster Beverage's Investment Potential: Why MNST Could Surprise You
MNSTMonster(MNST) ZACKS·2024-09-13 02:16

Monster Beverage Corporation (MNST) stock has lost 13.8% in the year-to-date period, underperforming its industry peers and the S&P 500 index. MNST’s stock movement reflects a decline from the industry and the Consumer Staples sector’s growth of 12.4% and 10.4%, respectively. The company also underperformed the S&P 500's 15% rise in the same period.MNST Price Performance Image Source: Zacks Investment Research At the current price of 49.65,thestocktradesata23.349.65, the stock trades at a 23.3% discount to its 52-week high of 61.23 ...