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Charles Payne: Monster Could be Next Hot Product

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  • Description

    FBN's Charlies Payne on Monster profit rise from energy drink sales.

  • Duration 3:10
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He told you about monsters dot monster potential on Friday and he was right so fearless and it Charles Payne you'll make good money and he's joining us -- -- Coke out today.

Us -- what you're.

-- -- -- -- -- everybody I'm wearing their presence there I.

I gotta love it I love I love at 20% at this point 5% in the and -- set up a little bit how much I would demand about a block grants -- percent.

-- -- -- -- -- great but he -- another one of those dresses not a spend that money if if I have not bought the stock activity -- due on Friday should go buy it now are sorry to let it.

-- -- the lord to take profits to learn that those -- only get should I buy it would have thought that I'll tell you I don't know about.

Although there well I'd have to learn out the -- -- perspectives even higher than this is up seventy bucks and we sent to alert out.

Doesn't this stock was like sixty cents in 2004.

Coca-Cola has it -- -- bidding war be Coca-Cola and Pepsi.

-- I don't know about the a bidding war but I think your point -- making was more ballot on Friday in a -- that a lot of people were saying was already up.

And I shouldn't chase seduction by T one of the problems guys that I have with a lot of individual investors is that they don't want to pay up.

They don't wanna buy a stock that's already moved could always look for the -- to have a move there's a reason a stock at the moment but they've -- definitely good knows.

The repo one -- stock once stock is woman's because they've got great news they've got greater earnings that got a great product pipeline they're taking market share they've got great management -- -- -- contingent and I'm gonna.

You -- don't want is because you wanna buy the stocks that are moving they'll wanna buy the losers hey what about -- -- -- now -- -- -- I think another thing we get Q on the line that you know what a little guilty this sometimes.

A company will have a great number great earnings report.

Signaled by that stock is already up -- you by the arrival because it's in the same industry there might be taken out of markets here from that particular rivals so I'm excited about the.

-- eleven billion dollar market cap yeah on monster there -- ID EE he didn't think that was that was -- rich before.

It was a unique situation you know -- -- on Friday did these big giant soft drink companies in the lumbering giants that are in trouble you know listen to cast doubt there's no doubt about it that make a lot of money off of Coke and then Diet Coke but they're not growing anymore the growing part -- water and energy drinks then.

Sometimes you pay up because.

In those eleven billion and looks overvalued here imagine what the muscle of a Coke is that this is about distribution around the world had -- -- today with a stock split that the shareholders will vote on an August I believe it is.

Is that gonna kind of stopping now and incidentally that haven't that won't have any sort of impact.

I think -- prefer some sort of a major marketing -- them as opposed to an outright takeover of with eleven billion -- question.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- That's a great point people should pay attention when a company.

Takes over another company.

I like it when they pay cash they're telling you that they think their stock has more valuable -- cash when it is they're stuck in a sitting on cash that's that's a red flag a lot of times and it's a great question okay thanks a lot Charles guy guys -- -- --

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