>
This the biggest winner in the stock market this century
April 16, 2019

From Bloomberg:

Who's the biggest winner in the stock market this century? Amazon maybe? Or perhaps Apple? Up 2,300% and 5,300% since January 2000, respectively, they're both good guesses.

It turns out, though, that they're not even close to the actual No. 1 stock in that period – Monster Beverage. That's right, the energy-drink company with the black and neon green label has dominated all other stocks in the index, returning almost 60,000% over the period.

It's a historic rally by nearly any measure, one that was fueled by Monster growing earnings in every year since 2008, and annual revenue growth that hasn't dipped below 9% since 2001.

"Energy drinks are the carbonated soft drinks of this generation, and Monster has consistently been able to expand its product lines with great success," said Caroline Levy, an analyst at Macquarie Capital...

Continue reading at Bloomberg...

You may also like

How to spot a coming recession

"Economic expansions, unlike coin-flip streaks, usually provide some hints about when they are nearing their end – if you know where to look."

Some millennials are still seeking financial help from their parents

"A new guilt-ridden study says nearly half of millennials still get monthly money from their parents."

Federal borrowing soars as deficit concern wanes

"The estimates released Monday by the Treasury suggest the government borrowing surge will continue through the end of the calendar year. ..."