If You'd Invested $10,000 in Monster Beverage Stock 5 Years Ago, Here's How Much You'd Have Today
It's fun to play "what if" games, and you can play them with stocks, too. For example, what if you'd plunked $10,000 into shares of Monster Beverage (NASDAQ: MNST) stock five years ago, as the COVID-19 pandemic heated up? How would you have done?The answer isn't as pretty as it appears: Your $10,000 stake would have grown to be worth about $20,922 -- amounting to an average annual growth rate of 15.9%. That sure looks good, and it's well above the stock market's long-term average annual gain of close to 10%.Image source: Getty Images.Continue reading
It's fun to play "what if" games, and you can play them with stocks, too. For example, what if you'd plunked $10,000 into shares of Monster Beverage (NASDAQ: MNST) stock five years ago, as the COVID-19 pandemic heated up? How would you have done?
The answer isn't as pretty as it appears: Your $10,000 stake would have grown to be worth about $20,922 -- amounting to an average annual growth rate of 15.9%. That sure looks good, and it's well above the stock market's long-term average annual gain of close to 10%.
Image source: Getty Images.
