Monster Beverage surged on strong trading day, outperforming its competitors.

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Monster Beverage ($NASDAQ:MNST) Corporation is a holding company that operates through its subsidiaries. The Company’s subsidiaries develop, market, sell and distribute energy drinks, alternative waters and fruit drinks. The Company markets and sells its products to a number of channels of trade, including supermarkets, convenience stores, drug stores, club stores, food service customers, mass merchandisers, distributors, chain stores, vending machines and gas stations. The Company operates through three segments: Monster Energy segment, Strategic Brands segment and Corporate. The Company’s Monster Energy segment sells ready-to-drink tea, coffee and juice drinks, as well as energy shots and energy drinks.

The Company’s Strategic Brands segment sells RTD protein drinks, sports drinks, RTD coffee and RTD tea. The Company’s Corporate segment consists of unallocated corporate expenses, which are not allocated to any of the operating segments. The Company sells its products under the Monster Energy, Monster Mule, Monster Hydro, Monster Energy Extra Strength Nitrous Technology, Monster Rehab, Monster Punched, Monster Essential, Monster Lo-Carb, Monster Java, Monster Khaos, Monster Mutt, NOS and Full Throttle brands.

Stock Price

On Monday, shares of Monster Beverage surged on a strong trading day, outperforming its competitors. So far, media coverage of the company has been mostly positive. On Monday, Monster Beverage stock opened at $92.9 and closed at $93.7, up by 0.2% from its last closing price of $93.5.

VI Analysis

Based on the company’s fundamentals, VI app has rated MONSTER BEVERAGE as a high risk investment in terms of financial and business aspects. The app has detected 2 risk warnings in income sheet, cashflow statement. Register on vi.app to check it out.

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 a publicly traded company that manufactures, markets, and distributes energy drinks, soda, and juice. Monster Beverage has a strong track record of growth and profitability, and its shares have outperformed the broader market over the past decade. The company has a solid financial foundation, and its shares offer investors exposure to a high-growth industry. Monster Beverage is a compelling investment option for growth-oriented investors.