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Sunday, August 27, 2023 11:25:58 AM
By: Lucas Downey | August 27, 2023
• Monster Beverage Corp. (MNST) shares have jumped 12% in 2023. This uptrend is being powered by mega appetite for the stock.
Monster Beverage Attracts Big Money Inflows
Want an edge in trading? Follow the Big Money.
What’s Big Money? Said simply, it’s when a stock rises due to institutional demand. Top stocks tend to attract savvy investors.
You see, fund managers are always looking to bet on the next outperforming stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.
The YTD action tells the story. Each green bar signals unusual buying volumes in MNST shares, pushing the stock higher:
Source: www.mapsignals.com
Few stocks have charts this strong. Historical green bars suggest healthy demand. But, what about the fundamental story?
Monster Beverage Fundamental Analysis
Next, I want to make sure the fundamental story is healthy too. As you can see, MNST has had positive sales and EPS growth in recent years:
• 3-year sales growth rate (+14.6%)
• 3-year EPS growth rate (+5%)
The company is also expected to grow EPS 16.7% this year.
Source: FactSet
Marrying great fundamentals with our proprietary Big Money software has found some big winning stocks over the long-term.
Check this out. Monster Beverage has been a top-rated stock at MAPsignals. That means the stock has had buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report numerous times. The blue bars below shows when MNST was a top pick:
Source: www.mapsignals.com
Tracking unusual volumes reveals the power of the MAPsignals process.
Monster Beverage Price Prediction
The MNST rally has been in place for years. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent MNST News
- Monster Beverage Reports 2024 First Quarter Results • GlobeNewswire Inc. • 05/02/2024 08:04:00 PM
- Monster Beverage to Report Financial Results for 2024 First Quarter on May 2, 2024 • GlobeNewswire Inc. • 04/26/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 11:38:09 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 12:23:42 AM
- Snowflake Stock Plummets 20.3% After CEO Transition; C3.ai, Okta, and Duolingo Surge Post-Strong Quarterly Reports, and More • IH Market News • 02/29/2024 11:09:45 AM
- CORRECTION – Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results • GlobeNewswire Inc. • 02/29/2024 04:11:01 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/29/2024 02:49:13 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:28:15 PM
- Monster Beverage Reports 2023 Fourth Quarter and Full-Year Financial Results • GlobeNewswire Inc. • 02/28/2024 09:10:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/24/2024 01:49:24 AM
- Monster Beverage to Report Financial Results for 2023 Fourth Quarter on February 28, 2024 • GlobeNewswire Inc. • 02/21/2024 09:00:00 PM
- Monster Beverage Corporation’s CANarchy Craft Brewery Collective to Operate as Monster Brewing Company • GlobeNewswire Inc. • 01/31/2024 06:45:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 09:07:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:36:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:36:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:36:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:35:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:34:50 PM
- Monster Beverage Announces Webcast Details for Investor Meeting/Business Update January 16, 2024 • GlobeNewswire Inc. • 01/08/2024 10:47:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 11:13:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:00:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 10:58:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/16/2023 12:31:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/16/2023 12:29:32 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/16/2023 12:27:21 AM
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