February 17, 2021
Here’s a fun one. Since Jeff Bezos took Amazon public in 1997, only one stock has beaten Amazon’s 38.4 percent annualized return. Can you guess the company?
While pondering the matter, please click here.
You don’t, by the way, have to put your response in the form of a question.
If you guessed Apple, you were close. Apple had a 34.1 percent annualized return.
But the correct answer is Monster Beverage, which had a 41.7 percent annualized return. If you had invested $1,000 in Hansen’s Natural Corp. (which is what Monster was called) in 1997, you’d be sitting on a cool $3.9 million today.
No word on when Amazon is going to elbow into the energy drink market.