3 Monster Stocks to Hold for the Next 10 Years (Monster Beverage, Fortinet, DoorDash)
POINT
- Monster Beverage (MNST), Fortinet (FTNT), and DoorDash (DASH) are three top stocks with strong long-term growth potential.
- Monster Beverage: A dominant energy drink company with consistent revenue and profit growth.
- Fortinet: A cybersecurity leader with a strong patent portfolio and growing market demand.
- DoorDash: The largest food delivery platform in the U.S. with continued expansion in market reach and services.
Details
🔹 Monster Beverage (NASDAQ: MNST)
- Product Portfolio: Monster, Reign, Predator, Full Throttle, and other energy drink brands.
- Revenue & Net Income Growth (Unit: $B)
- 2021: Revenue $5.541 → Net Income $1.377
- 2022: Revenue $6.311 → Net Income $1.192
- 2023: Revenue $7.140 → Net Income $1.631
- Growth Drivers
- Continuous new product launches and innovative marketing strategies.
- Acquired Bang Energy ($362M in 2023) and CANarchy Craft Brewery ($330M in 2022) to expand its product range.
- Implemented a 5% price increase across most products from November 1, 2024, which is expected to boost profitability.
🔹 Fortinet (NASDAQ: FTNT)
- A cybersecurity industry leader, protecting 830,000+ organizations, including 80% of Fortune 100 companies.
- Revenue & Net Income Growth (Unit: $B)
- 2021: Revenue $3.342 → Net Income $0.607
- 2022: Revenue $4.417 → Net Income $0.857
- 2023: Revenue $5.304 → Net Income $1.148
- 2024 Financial Performance
- Revenue reached $5.96B (+12.3% YoY), with operating income up 45% to $1.8B.
- Free cash flow (FCF) grew to $1.88B, demonstrating strong financial health.
- Growth Drivers
- The only company offering fully integrated SASE (Secure Access Service Edge) solutions under a single platform (FortiOS).
- Owns 1,027 U.S. patents, nearly double that of its closest competitor, surpassing companies like Zscaler and CrowdStrike.
- Total addressable market (TAM) forecast: $183B in 2024 → $284B by 2028 (CAGR of 12%).
🔹 DoorDash (NASDAQ: DASH)
- Largest food delivery platform in the U.S. with 67% market share.
- Revenue & Cash Flow Growth (Unit: $B)
- 2021: Revenue $4.888 → Free Cash Flow $0.455
- 2022: Revenue $6.583 → Free Cash Flow $0.021
- 2023: Revenue $8.635 → Free Cash Flow $1.349
- 2024 Financial Performance
- Revenue hit $10.7B (+24.2% YoY), with free cash flow up 33.6% to $1.8B.
- Total orders reached 685 million (+19% YoY), and gross order value (GOV) surged to $21.3B (+21% YoY).
- Growth Drivers
- Expanded partnerships with Wegmans (grocery delivery), Lyft (rides & local deliveries), and Home Depot (home essentials).
- Monthly Active Users (MAU) reached a record 42 million in late 2024, showing steady platform growth.
- New service offerings and improved operational efficiency to drive further expansion.
Future Outlook
1️⃣ Monster Beverage
- Price increases to improve profitability in 2025.
- Expansion of product lines and international markets.
2️⃣ Fortinet
- Strong demand for cybersecurity services is expected to continue.
- Patent strength and innovation to maintain a competitive edge.
3️⃣ DoorDash
- Business expansion into new categories beyond food delivery.
- User growth and higher average revenue per user (ARPU) to support long-term revenue growth.
Conclusion
- Monster Beverage, Fortinet, and DoorDash continue to demonstrate strong revenue and profit growth, making them attractive long-term investment options.
- Monster Beverage: A well-known brand with consistent innovation and global expansion.
- Fortinet: A top cybersecurity firm positioned for long-term success.
- DoorDash: The dominant food delivery player expanding into new verticals.
✅ Investors looking for long-term capital appreciation should consider these growth stocks in their portfolios. 🚀
📌 Source: The Motley Fool, NASDAQ, Monster Beverage, Fortinet, DoorDash 2024 Financial Reports.
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