Monster Beverage Corp

MNST: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Monster Is Poised to Fuel International Expansion With Premium and Affordable Offerings

Business Strategy and Outlook

Although not the pioneer in energy drinks, Monster Beverage has built its perch in this attractive category through innovations that resonate with consumers and effective marketing that keeps its brands top of mind. The long-term distribution partnership with wide-moat Coca-Cola, effective since 2015, further reinforced Monster’s competitive standing, affording the firm impressive distribution breath and product accessibility that is hard to match by rivals. As such, we award a narrow economic moat rating for Monster.

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