Monster Beverage: Looking Less Energetic In The Near Term

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Monster Beverage: Looking Less Energetic In The Near Term

Monster Beverage: Looking Less Energetic In The Near Term
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Monster Beverage: Looking Less Energetic In The Near Term

by TheStreet.com Videos 1:39 mins

Trifecta Stocks Portfolio Manager Bryan Ashenberg, CFA offers viewers his current take on Monster Beverage (MNST). In April, Ashenberg recommended investors consider buying shares of Monster. But, recent reports showed the companyâ¿¿s sales trends have exhibited moderating growth for the third straight month. Monster continues to take market share even in a slowing environment, but given the fact that managementâ¿¿s sales commentary spooked investors on its first quarter earnings call, the Trifecta Stocks team decided to be protective, lock in some gains, and take some off the table.

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