4 Consumer Stock Stories for Weekend Shopping
Monster Beverage Corp. (NASDAQ:MNST): Closing price $47.82
Monster shares fell Friday, as health energy drinks are eyed more and more closely as to their impact on health. On Thursday, three Democratic lawmakers sent letters to more than a dozen energy drink makers,including Monster, which is the top domestic seller by volume, asking for more details on their products and marketing claims. Further, some Wall Street analysts think that a short position by a hedge fund also might also have driven Friday’s brusque movements.
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Amazon.com (NASDAQ:AMZN): Closing price $272.12
Amazon saw its shares elevated by Chad Bartley at Pacific Crest from Sector Perform to Outperform, along with a $346 price target, as he contended that the firm’s “lead is growing” in retail commerce and also that “market-share gains should sustain rapid growth.” Bartley added that the company is “disruptive force in retail,” as it is now a “must-own stock in large-cap tech with at least 27 percent upside from current levels.”
Ford Motor Company (NYSE:F): Closing price $14.11
Trying to find ways to bring its Lincoln brand back, Executive Vice President Jim Farley says that one more trick could be “mass customization.” Launching exciting new models such as the well-received MKC crossover is a broad move in the right direction, so long as the production version is as appealing as the concept just exhibited at the 2013 Detroit Auto Show, but Lincoln is thinking about ways to permit buyers to customize their new vehicles right off the showroom floor.
Starbucks Corporation (NASDAQ:SBUX): Closing price $54.81
Starbucks may be full steam ahead in China, but they are not ignoring Mexico by any means, as they anticipate opening 45 new stores south of the border in 2013. Director Federico Tejado of Starbucks Mexico reported that his firm expects to continue opening 45 new stores per year for the next four years, reflecting much optimism about coffee consumption trends in that country.
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