If You'd Invested $1,000 in Monster Beverage Stock 20 Years Ago, Here's How Much You'd Have Today
The stock's two-decade return reflects the incredible growth of the company's popular product.
Overview
True overnight rags-to-riches stories are relatively rare on Wall Street. They do happen, though. Monster Beverage (NASDAQ: MNST) is one of them.
You may be familiar with the company's namesake energy drink, but that product line is fairly young, only launching in 2002. Before that, it was the perpetually struggling beverage outfit called Hansen Natural, only changing its name to Monster Beverage in 2012 to better align with what ended up becoming its breadwinning profit center.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.