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Finding Our Next Big Winners in This Under-the-Radar Sector
Manage episode 440575911 series 3578171
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We're willing to bet most folks don’t think too much about energy drinks as an investment idea.
But what if we told you one energy-drink maker was one of the best-performing stocks over the last 30 years?
Monster Beverage (MNST) makes the sugary-caffeinated drinks that many people have come to love. It went public in August 1995, and since then has been the third-best performer in the S&P 500. The only two stocks with better returns are Nvidia (NVDA) and Amazon (AMZN).
A $10,000 investment in Monster’s stock in 1995 would be worth nearly $20 million today.
But it’s not the only consumer-staple stock that has been flying under the radar recently. The sector has been leading the way this year, and Tim Bohen and I have all the details on today’s new episode of the SteadyTrade Podcast.
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