Hansen Natural Corp (HANS)

B1gP1mp12369 (< 20) Submitted: 5/09/08 3:23 PM : Start Price: $29.86 HANS Score: -4.37

Hansen Natural Corp (HANS) $28.50
Develops, markets, sells & distributes alternative beverage category natural sodas, fruit juices, energy drinks, fruit juice smoothies & functional drinks, non-carbonated iced teas, lemonades, juice cocktails & children's multi-vitamin juice drinks.

Hansen Natural reported record sales and profits for the first quarter of 2008. Despite the recent slowdown in the economy, energy drink sales have shown good growth, with Hansen Natural's Monster Energy drink being no exception. Net sales for the first quarter increased 27.9 percent to $212.2 million from $165.9 million a year ago. Net income for the 2008 first quarter increased 42.6 percent to $28.8 million, compared with $20.2 million for the first quarter last year. They recently launched their Monster Energy drink in Britain, where CEO Rodney C. Sacks notes that reception there is "proceeding according to plan". Furthermore, Southwest Airlines just became the first major airline to offer an energy drink (Monster) to U.S. travelers.
Nobody can deny that although missing analysts' expectations, Hansen Natural has plenty of room for growth, and a healthy p/e ratio to match it , and now is a great time to buy, as it is trading at its 52 week low and a cheap price.

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