Monster Beverage Outperforms Market on Wednesday, Despite Posting Losses

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Monster Beverage ($NASDAQ:MNST) Corporation is an American corporation that manufactures, markets, and distributes energy drinks, alternative drinks, and concentrates. On Wednesday, Monster Beverage Corporation’s stock outperformed the market, despite the company posting losses for the day. Despite the losses, Monster Beverage Corporation outperformed the market, as investors remain bullish on the company’s long-term prospects. Looking ahead, Monster Beverage Corporation is well-positioned to continue outperforming the market. The company has a strong brand, and its products are in high demand.

Additionally, Monster Beverage Corporation has a diversified product portfolio, which includes energy drinks, alternative drinks, and concentrates. This diversification will help the company weather any potential headwinds in the future.

Share Price

So far, news coverage of the company has been mostly positive. On Friday, the stock opened at $99.4 and closed at $99.7, up by 0.7% from the prior closing price of $99.0.

VI Analysis

While a company’s fundamentals can give insights into its long-term potential, it’s important to remember that they can also reflect risks. For example, the VI Risk Rating for MONSTER BEVERAGE is high in terms of both financial and business risks. Additionally, the VI App has detected 2 risk warnings in the company’s income sheet and cashflow statement. Registering on the app can help you get a better understanding of these risks.

VI Peers

The company’s primary competitors include EQ Labs Inc, GURU Organic Energy Corp and FBEC Worldwide Inc.

– EQ Labs Inc ($OTCPK:EQLB)

GURU Organic Energy Corp is a Canadian company that produces and sells organic energy products. The company has a market cap of 109.93 million as of 2022 and a return on equity of -19.55%. The company’s products include energy bars, energy drinks, and protein powders.

– GURU Organic Energy Corp ($TSX:GURU)

Founded in 1971, FBEC Worldwide Inc is a holding company that owns and operates businesses in the food and beverage industry. The company’s portfolio includes brands such as Fatburger, Buffalo’s Cafe, and Hurricane Grill & Wings. FBEC Worldwide Inc has a market cap of 358.24k as of 2022 and a Return on Equity of -4.07%. The company’s main focus is on franchising, licensing, and managing restaurant chains.

Summary

Monster Beverage is one of the world’s leading energy drink companies, with a range of popular products that include Monster Energy, Monster Hydro, Monster Rehab, and more. The company has a strong track record of sales and earnings growth, and its products are widely available in convenience stores, gas stations, and other retail outlets across the United States. Despite posting losses in recent quarters, Monster Beverage has outperformed the broader market over the last year, as investors have bet on the company’s continued growth prospects. Given its strong brand equity and market position, Monster Beverage looks like a solid long-term investment.