While tech giants like Apple and Tesla grab headlines, a little-known energy drink company, Monster Beverage, has quietly delivered a staggering 140,000% return since 2000. This article delves into the reasons behind this remarkable performance, highlighting the power of capital efficiency and the underappreciated value of stable, profitable businesses in a rapidly changing market.
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Monster Beverage Corp (MNST) announced a new $500 million share buyback program, sending its stock higher in after-hours trading. The move comes after the company reported weaker-than-expected earnings for the second quarter due to slower growth in the energy drink category in the U.S.