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Wednesday, July 20, 2022 11:00:10 AM
“In 1997, you could have bought shares of Monster Beverage for just 2 cents each. That’s right, two cents each for a stock that now trades at $95.29. Yes, this takes into account the effect of splits, but even backing those out, you still could have paid just 96 cents per share in 1997 — for a stock that’s now worth the equivalent of $4,573.92. Monster has been an unqualified success in the global energy drink space, selling in 139 countries and posting a remarkable 26.7% growth in sales annually from 2003 to 2018.”
https://www.gobankingrates.com/investing/stocks/most-successful-penny-stocks-ever/
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