CELH - Monster Beverage: A Strategic Buy During Market Lows (Rating Upgrade)
2024-06-25 04:00:14 ET
Summary
- Monster Beverage stock has fallen by up to 20%, presenting a buying opportunity.
- Tougher competition from Celsius in the energy drink sector is a concern, but Monster's market position and distribution network are strong.
- Fluctuations in raw material prices and a recent tender offer impact Monster's stock price, but long-term growth potential remains intact.
Introduction
About six months ago, I published my investment thesis on Monster Beverage ( MNST ) ( link here ), and since then, a series of news events have caused the stock to move like a roller coaster. However, from my perspective, I believe Monster's long-term potential remains intact, and now more than ever, I think we are facing one of the best times to buy shares of this great compounder in recent years....
Monster Beverage: A Strategic Buy During Market Lows (Rating Upgrade)