Monster Beverage - Top Stock To Own

Summary

  • 100% technical buy signals.
  • 15 new highs and up 13.29% in the last month.
  • 37.04% gain in the last year.

The Barchart Chart of the Day belongs to the beverage company Monster Beverage (MNST). I found the stock by sorting Barchart's Top Stocks to Own list first by the most frequent number of new highs in the last month, then used the Flipchart function to review the charts for consistent price appreciation. Since the Trend spotter signaled a buy on 6/19 the stock gained 16.30%.

Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company's subsidiaries market and distribute energy drinks, including Monster Energy energy drinks, Monster Energy Extra Strength Nitrous Technology energy drinks, Java Monster non-carbonated coffee + energy drinks, M3 Monster Energy Super Concentrate energy drinks, Monster Rehab non-carbonated energy drinks with electrolytes, Muscle Monster Energy Shakes, Ubermonster energy drinks, NOS energy drinks, Full Throttle energy drinks, Burn energy drinks, Samurai energy drinks, Relentless energy drinks, Mother energy drinks, Power Play energy drinks, BU energy drinks, Nalu energy drinks, BPM energy drinks, Gladiator energy drinks, and Ultra energy drinks.

(Click on image to enlarge)

Monster Beverage MNST

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can, therefore, change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 49.80+ Weighted Alpha
  • 37.04% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 13.29% in the last month
  • Relative Strength Index 68.06%
  • Technical support level at 81.26
  • Recently traded at 81.79 with a 50 day moving average of 73.06

Fundamental factors:

  • Market Cap $ 43.25 billion
  • P/E 39.06
  • Revenue expected to grow 6.60% this year and another 10.70% next year
  • Earnings estimated to increase 9.80% this year, an additional 13.40% next year and continue to compound at an annual rate of 14.13% for the next 5 years
  • Wall Street analysts issued 4 strong buy, 10 buy and 4 hold recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 1,860 to 158 that the stock will beat the market
  • 22,880 investors are monitoring the stock on Seeking Alpha

Disclosure: None.

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Comments

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John Doe 2 years ago Member's comment

Interesting. What is Monsters potential ceiling though?? Would obviously factor into the risk vs reward and how much I would be willing to take on.

Roland Murphy 2 years ago Member's comment

That's a good point, I'm not sure.

Mike Nolan 2 years ago Member's comment

The numbers for $MNST look good. There's only one thing that holds me back from buying this stock? I think their drinks taste horrible. I love other energy drinks, Red Bull in particular. But something about Monster's drinks just taste off.

Angry Old Lady 2 years ago Member's comment

Monster also doesn't have the scandals the Red Bull faces:

edition.cnn.com/.../index.html

Adam Reynolds 2 years ago Member's comment

I also like the taste of Redbull better, but since I can invest in Monster, and not Redbull, I'm in for $MNST.