Zeev's Turnips Patch-No Politics (ZEEV)

[choad]

This short article takes a bullish look at energy drink maker Hansen Natural (HANS: sentiment, chart, options). The Corona, CA-based firm has had numerous successful products over the years, starting with 2002's Monster Energy drink. Fundamentally things are great, as sales continue to soar; pretax margins are great, too. Also the firm has an agreement with Anheuser-Busch (BUD: sentiment, chart, options) to distribute and sell several HANS drinks.


Contrarian Takeaway:


What can you say except that HANS is a great example of a contrarian play. Technically things are great, fundamentally they're growing lights out, and the overwhelming sentiment continues to be bearish. Add it up and this one continues to soar. I wrote my first Schaeffer's Daily Contrarian on HANS back in January 2005 (about 1,000 percent ago!) and I did another one April of this year. The bottom line is this: everything continues to line up, and as long as the technical picture remains strong, the bearish analysts and huge amount of shorts betting against the shares should continue to allow for outperformance