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

source : pixaby


🔹 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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