It is very close to a clean flat base buy point at 144.
Drawbacks:
3 year EPS is only 18%, and some of this pop has been because of KO acquisition
3 year Sales is only 18%
MONSTER BEVERAGE CORP RANK WITHIN THE BEVERAGES-NON-ALCOHOLIC GROUP (17 STOCKS)
Composite Rating 97 Rank within Group: 1st
100%
Best in Group
EPS Rating 96 Rank within Group: 1st
100%
Best...
Monster has been on a nice run since the gap up. The question is whether or not it has the power to continue the trend.
Monster reports earnings in 3 days. A break above the current resistance would be a buy signal and a stop is a break below the red tend line.
Lets see how it plays out.
MNST was in consolidation for over a year before a large gap up in August 2014. Prior to this it had been in a good, linear bull trend for some time. So now the consolidation period is over we would like to see a continuation of previous behaviour.
While the uptrend began again on the August gap up price took a little while to get going. Then, on 31st October,...
Monster Beverage Drops On Stifel Concerns
***** (finance.yahoo.com) 03/06/2014
Shares of Monster Beverage (NASDAQ: MNST) fell more than three percent Tuesday morning on comments from Stifel, following the shareholder meeting.
Stifel reduced its estimates on weaker-than-expected sales growth for the past several months. Analyst Mark Astrachan backed up his claims...
