Does anyone have a buy case for Monster?
Posted: Jul 08, 2024
- Likes Monster Energy but struggles to see the business case for buying $MNST - Stock is up 50% in the past 5 years and has a $50b market cap and 31x PE ratio - Does not pay dividends - Stock is down 10% TTM and 15% YTD - Considers current situation a "buy the dip" moment if not overvalued - Looking for opinions on whether there is a legit case for $MNST investing
🚨 Reddit sentiment: mixed/positive - While there are concerns about market saturation and competition, many comments highlight positive aspects such as market growth potential, brand diversification, and product popularity in different markets. Some users express interest in purchasing $MNST stock. Summarized comments: - $MNST is seen as overbought due to oversaturation and competition from other brands including Celsius - Despite being overbought, there are humorous comments about AI being added to energy drinks - $MNST owns other brands like BANG, NOS, and Full Throttle - Energy drink market CAGR projected to grow between 5.5% to 12% annually - Some users suggest Dollar Cost Averaging (DCA) into $MNST - Monster Zero Ultra is highly popular in the Australian market - Historical pricing strategy of $MNST was offering larger cans at the same price as smaller competitors - Some users express personal preference and loyalty to Monster Zero Ultra - Interest in purchasing $MNST stock is mentioned - Humorous comments on inflation rates and specific consumer behaviors potentially supporting $MNST - Some users prefer $MNST over other energy drinks due to taste preferences Stock tickers discussed: $MNST
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