Monster Beverage Corp (MNST): Today's Featured Food & Beverage Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Monster Beverage ( MNST) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.5%. By the end of trading, Monster Beverage rose $2.22 (3.2%) to $70.69 on average volume. Throughout the day, 1,389,863 shares of Monster Beverage exchanged hands as compared to its average daily volume of 1,427,800 shares. The stock ranged in a price between $67.16-$70.77 after having opened the day at $67.82 as compared to the previous trading day's close of $68.47. Other companies within the Food & Beverage industry that increased today were: Crystal Rock Holdings ( CRVP), up 9.8%, S&W Seed Company ( SANW), up 9.2%, SodaStream International ( SODA), up 7.7% and Griffin Land & Nurseries ( GRIF), up 7.0%.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $11.4 billion and is part of the consumer goods sector. Shares are up 1.0% year to date as of the close of trading on Friday. Currently there are 6 analysts that rate Monster Beverage a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Monster Beverage as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, Castle Brands Incorporated ( ROX), down 5.2%, American Lorain ( ALN), down 5.1%, RiceBran Technologies ( RIBT), down 4.8% and Truett-Hurst Inc Class A ( THST), down 4.0%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists