These Stocks Give You Wings: HANS
We hate to say "we told you so," but we told you so.On 8/20, we brought your attention -- albeit briefly -- to a small beverage company called Hansen (HANS):
Hansen is a maker of sodas, juices, iced teas and smoothies. You've probably never heard the name, but most likely you have seen (or tasted) their products -- HANS makes the Monster Energy drink. We're long the stock with a hold recommendation.Shares have shot up to $64 from $43 (for a 50 % gain) since we first swayed readers to look at "the small cap company" trading at a "slight premium to the S&P. "
With 22 million shares outstanding -- a small float -- HANS volatility can easily shake out the less faithful.
That's okay -- we were never in it for the long haul.
We just love energy drinks and couldn't resist giving our portfolio some wings, as first mover Red Bull might put it.
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