According to Zen Score, the 3 best non-alcoholic beverage stocks to buy right now are:
1. Vita Coco Company (NASDAQ:COCO)
Vita Coco Company (NASDAQ:COCO) is the top beverage stock with a Zen Score of 58, which is 17 points higher than the beverage industry average of 41. It passed 19 out of 33 due diligence checks and has strong fundamentals. Vita Coco Company has seen its stock return 15.41% over the past year, underperforming other beverage stocks by -11 percentage points.
Vita Coco Company has an average 1 year
price target of $29.67, an upside of 23.05% from Vita Coco Company's current stock price of $24.11.
Vita Coco Company stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Vita Coco Company, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Coca Cola (NYSE:KO)
Coca Cola (NYSE:KO) is the second best beverage stock with a Zen Score of 57, which is 16 points higher than the beverage industry average of 41. It passed 21 out of 38 due diligence checks and has strong fundamentals. Coca Cola has seen its stock lose -3.3% over the past year, underperforming other beverage stocks by -30 percentage points.
Coca Cola has an average 1 year
price target of $66.75, an upside of 8.11% from Coca Cola's current stock price of $61.74.
Coca Cola stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Coca Cola, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Monster Beverage (NASDAQ:MNST)
Monster Beverage (NASDAQ:MNST) is the third best beverage stock with a Zen Score of 56, which is 15 points higher than the beverage industry average of 41. It passed 18 out of 33 due diligence checks and has strong fundamentals. Monster Beverage has seen its stock lose -1.96% over the past year, underperforming other beverage stocks by -28 percentage points.
Monster Beverage has an average 1 year
price target of $60.40, an upside of 13.64% from Monster Beverage's current stock price of $53.15.
Monster Beverage stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Monster Beverage, 30% have issued a Strong Buy rating, 10% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 10% have issued a Strong Sell.