Energy drink maker's growth accelerated and it's innovating for summer season.
IBD Stock Of The Day
Monster Beverage, Stock Of The Day, Tests Buy Point As Growth Accelerates
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Monster Beverage (MNST) is the IBD Stock Of The Day amid accelerating growth. As peak summer looms for energy drinks, Monster Beverage stock has been testing a buy point. The company is growing earnings per share by double digits while revenue growth quickened the last four quarters. "Monster has several package and flavor innovations launching this summer, which should continue…
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