Monster Beverage was once on the OTC..... MNST
Post# of 75365
Posted On: 07/06/2016 2:11:09 PM
Monster Beverage was once on the OTC..... MNST
http://www.benzinga.com/trading-ideas/long-id...y-that-way
This is probably the most well-known stock on this list as Monster Beverage has become a household name. The company, which was formerly known as Hansen Natural, has been around since 1935, although its business has evolved significantly. The company makes energy drinks, natural soft drinks and fruit drinks.
Real M&A named the company a desirable takeover target, with Coca-Cola NYSEKO as a possible candidate. Subsequently, shares made a new 52-week high at $70.49 and are currently trading just below that level with an 11.55 billion market cap.
Believe it or not, it wasn't that long ago that the shares traded below $1.00. On December 29, 1995, Monster shares (then known as Hansen Natural) closed at $0.69 and are now up almost 10,000 percent. As the energy drink market exploded in the last decade, so has Monster Beverage, and this former penny stock became a Wall Street high-flier.
http://www.benzinga.com/trading-ideas/long-id...y-that-way
This is probably the most well-known stock on this list as Monster Beverage has become a household name. The company, which was formerly known as Hansen Natural, has been around since 1935, although its business has evolved significantly. The company makes energy drinks, natural soft drinks and fruit drinks.
Real M&A named the company a desirable takeover target, with Coca-Cola NYSEKO as a possible candidate. Subsequently, shares made a new 52-week high at $70.49 and are currently trading just below that level with an 11.55 billion market cap.
Believe it or not, it wasn't that long ago that the shares traded below $1.00. On December 29, 1995, Monster shares (then known as Hansen Natural) closed at $0.69 and are now up almost 10,000 percent. As the energy drink market exploded in the last decade, so has Monster Beverage, and this former penny stock became a Wall Street high-flier.
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