This S&P 500 stock has the highest return over the past 20 years—it's not Apple or Tesla
Publishing timestamp: 2023-11-08 14:08:59
Summary
The article discusses the importance of not relying solely on past performance when making investment decisions. It highlights the example of Monster Beverage, which has had the highest 20-year return among stocks in the S&P 500. The article also shares insights from mutual fund manager Joel Tillinghast, who emphasizes the importance of investing in companies that are trading at a discount to their long-term value and have growth potential. Tillinghast advises holding onto stocks for the long term and constantly reassessing investment theses.
Sentiment: NEUTRAL
Tickers: MNST,
Keywords: monster beverage corp, personal finance,
Source: https://www.cnbc.com/2023/11/08/sp-500-stock-has-the-highest-return-over-the-past-20-years.html