So That’s Why It’s Called An Energy Drink…
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While the N.Y. Times stock price has been plummeting, Corona, Calif.-based Hansen’s Natural Soda (HANS) has been on a tear. Up almost $10 today.
Absolutely amazing performance, and it’s line of energy drinks are contributing to the growth.
AP reports: “While Hansen sells a range of beverages, it derived about 59 percent of its gross revenue from energy drinks, according to the analyst. The energy drink segment, he added, has grown 88 percent annually over the past seven years, “and we project it will grow at a healthy mid-teen rate over the next three years.”
But that’s just one banker’s opinion.
Legal Disclaimer: This is not a solicitation to buy the stock. We hold no shares of the stock. Past performance is no indicator of future results. But we do drink their sodas, and have helped boost the stock thru consumption.
This entry was posted on Friday, January 13th, 2006 at 12:31 pm and is filed under California, Capitalism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.