Monster Beverage Corp

Monster Beverage Corp reports strong financial performance, with its stock price reaching a 52-week high and market capitalization exceeding $61 billion.

Monster Beverage Corp is leading the charge in the functional drink boom, with its stock performance and strategic positioning poised for continued growth as the industry shifts towards wellness and functionality.

Bank of America has raised its price target for Monster Beverage Corp to $66, but the company’s high valuation metrics raise questions about whether the market is overestimating its growth potential.