Think Twice About Betting Against Monster Beverage (NASDAQ:MNST)
NoDerog/iStock Unreleased via Getty Images Introduction Per my April 2023 article, Monster’s (NASDAQ:MNST) gross margin has fallen substantially from the 60% level of 2019. Some of this is transitory due to the company’s covid philosophy of emphasizing product availability over economics. However, some of it is permanent seeing as growth is high in segments where…