OMERS ADMINISTRATION Corp and
Royal Bank of Canada sold shares of
Monster Beverage Corporation (MNST) while
State of Wyoming and others acquired shares. There were mixed actions by different investment firms such as
Adage Capital Partners,
DoubleLine ETF Adviser, and
Alliancebernstein amid varying stock positions.
Zacks highlighted several key players in the industry like Coca-Cola, PepsiCo, and Monster Beverage. While
Kestra Advisory Services and
Nomura Holdings reduced their holdings, firms like
Champlain Investment Partners and
Aberdeen Group increased their share acquisitions. The
UK's proposed ban on energy drinks to under 16s could potentially impact Monster's market. Experts claim Monster's positive news is already priced in, with near-term uncertainties temperring buying conviction. They had a record quarter due to the energy drink boom, thriving despite competition from
Red Bull and emerging rivals.
Jim Cramer recommended not abandoning the stock, anticipating it as a top momentum stock for long-term based on consistent sales and strong financial performance. However, some believe the stock's current high is mainly due to strong April's sales, and investors are waiting for a pullback.
Monster's leadership robustly rejects short seller attacks, highlighting the company's strong resilience in financial huddles. MNST is ranking among best recession-proof stocks.
Monster Beverage Corporation MNST News Analytics from Sat, 01 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 21:07:04 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -8
