21 Stocks on Jim Cramer’s Radar

17. Monster Beverage Corporation (NASDAQ:MNST)

Number of Hedge Fund Holders: 54

Monster Beverage Corporation (NASDAQ:MNST) is one of the 21 stocks on Jim Cramer’s radar. Mentioning that they have offloaded their cost bases, a caller asked what they should do with the rest of their position in the stock. Here’s what Cramer had to say:

“The answer is you own it. Do you know that Monster, since 1990s, has actually been the best performing stock. I mean, it’s unbelievable how good… Of course, NVIDIA… but Monster since 1990[s]. If you look at that timeframe, I gotta tell you something, that is just one smoking hot stock, and I would not walk away from that to save my life.”

Monster Beverage Corporation (NASDAQ:MNST) develops and sells energy drinks, flavored beverages, and alcoholic drinks under multiple brand names, and distributes its products through retailers, distributors, and e-commerce platforms. In April, while discussing the best-performing stocks of the last 20 years, Cramer mentioned the company and said:

“In seventh place, with a more than 10,300% gain, is a fun one, Monster Beverage, the energy drink company that was originally known as Hansen Natural before its big rebrand in 2012. Even though the stock’s lost some juice in recent years, the long-term gains here have been staggering, and I pounded the table on this one constantly in the early years.”