Posts

Showing posts with the label FTNT

3 Monster Stocks to Hold for the Next 10 Years (Monster Beverage, Fortinet, DoorDash)

Image
  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 product...