Monster Beverage: Premium Brands Supporting Premium Valuation
MNSTMonster(MNST) seekingalpha.com·2024-05-16 11:19

Jack Taylor Monster Beverage (NASDAQ:MNST) is a significant energy drink market player. They are innovative, have strong brands, and have made strategic decisions such as partnering with Coca-Cola (KO) to create a wide moat. They rank high on all quality measures, including growth, profitability, and returns, and have maintained a strong balance sheet. Excluding unfavorable currency exchange rates (Argentina ~300% inflation rate) 1Q24 revenues increased by 12.6%. The company has a strong balance sheet with ...