Morgan Stanley’s Top 5 Stock Picks For 2023

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1. Monster Beverage Corporation (NASDAQ:MNST)

Share Price Upside: 99%

Number of Hedge Fund Holders In Q4 2022: 44

Monster Beverage Corporation (NASDAQ:MNST) is a non alcoholic beverages manufacturer. The firm sells juices, cocktails, energy drinks, and other products.

Stifel kept a Buy rating for Monster Beverage Corporation (NASDAQ:MNST) in February 2023 and outlined that management troubles in Red Bull can benefit the firm. The firm’s latest share price is $133, and 44 of the 943 hedge funds part of Insider Monkey’s survey for last year’s fourth quarter had bought its shares.

Out of these, Monster Beverage Corporation (NASDAQ:MNST)’s largest investor is Neal C. Bradsher’s Broadwood Capital which owns 4.6 million shares that are worth $472 million.

Follow Monster Beverage Corp (NASDAQ:MNST)

Disclosure: None. You can also take a peek at 15 Best Cybersecurity Stocks To Buy and 10 Hot Healthcare Stocks To Buy Now.

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