MNST's Strength in Energy Drinks & Innovation Bodes Well: Apt to Hold
Monster(MNST) ZACKS·2024-11-21 02:00
Shares of Monster Beverage Corporation (MNST) have shown strength in the past three months. The stock has gained 14.3% against the industry’s 8% decline in the same time frame. The company has been benefiting from the expansion of its energy drinks category and product launches. It has launched various products and expanded distribution across the international markets.Let us delve deeper.Analyzing Monster Beverage’s StrengthsMonster Beverage has been driving performance for a while now. In third-quarter 20 ...