Monster Beverage Shares See Monster Inflows

The beverage firm could rise in the future due to strong financial performance and Big Money lifting the stock once again.

Monster Beverage is a Magnet for Big Money

So, what’s Big Money? Said simply, that’s when a stock presses higher alongside chunky volumes. It’s indicative of institutions betting on the shares.

Unsurprisingly, Monster has many fundamental qualities that are attractive.

This sets up well for the stock going forward. Paying attention to how the shares trade, suggests there could be more upside.

You see, fund managers are always looking to bet on the next outlier stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.

The last year tells the story. Each green bar signals big buying volumes as the stock ramped in price:

In the last year, the stock attracted more than a dozen Big Money buy signals. Generally speaking, recent green bars could mean more upside is ahead.

Now, let’s check out the technical action grabbing my attention:

• Year-to-date outperformance vs. Consumer Staples Select Sector SPDR ETF (+5.94% vs. XLP)

Outperformance is important for leading stocks.

Monster Beverage Fundamental Analysis

Next, it’s a good idea to check under the hood. Meaning, I want to make sure the fundamental story is strong too. As you can see, Monster has had double-digit sales growth, and the future earnings outlook is solid too. Take a look:

• 1-year sales growth rate (+13.9%)
• 3-year EPS growth rate (+5%)
• 1-year EPS growth estimate (+17.8%)

Source: FactSet

Marrying great fundamentals with technically superior stocks is a winning recipe over the long-term.

In fact, MNST has been a top-rated stock at my research firm, MAPsignals, for years. That means the stock has had buy pressure, strong technicals, and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report dozens of times since 2014. The blue bars below show when MNST was a top pick:

Tracking unusual volumes reveals the power of the MAPsignals process.

Monster Beverage Price Prediction

The Monster Beverage rally has been in place for years and recently. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no positions in MNST at the time of publication.

Learn more about the MAPsignals process here.

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