RESOLVING THE LEDGER
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Who doesn't love a stock split? Energy drink powerhouse Monster Beverage (NASDAQ: MNST) recently announced a 2-for-1 stock split , the company's sixth since 2005. Shareholders as of July 24 after the market's close will receive a 100% stock dividend after the market closes on Aug. 10. The stock will begin trading at its split-adjusted price on Aug. 11.
Although stock splits don't affect a company's financials, investors love them because they typically occur when things have gone well. Indeed, Monster Beverage has been , well, a monster. The stock is up over 24,000% since 2005.
The real question, though, is what will the stock do in the future? Here's what a $1,000 investment might look like in five years.
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