Monster Beverage Corp
MNST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $94.00 | Fbtmwyq | Ybkbsttv |
Narrow-Moat Monster Poised to Expand Volume With Innovation Pipeline and Coca-Cola Alliance
Business Strategy and Outlook
Although not the pioneer in energy drinks, Monster has earned its perch in this attractive category through innovations that resonate with consumers and effective marketing that keeps its core brand top of mind. The long-term strategic alliance with wide-moat Coca-Cola, effective since 2015, further advances Monster’s competitive standing, affording the firm impressive distribution breath and product availability that is hard to match by rivals. As such, we award a narrow economic moat rating for Monster.