Hansen's Natural Getting A Lift (HANS)

Shares of Hansen's Natural HANS are moving higher on unusual volume during Friday's trading session. The stock has gained 5.56% to $53.00. More than 1.5 million shares have been traded compared to a daily average volume of 753,000. HANS is a stock that may be off of a lot of traders radar. The company has a market cap of $4.69 billion and is in the beverage business. HANS is quite a growth story, as it was one of the top performing stocks of the last decade. The performance this year has been quite impressive as well. The shares have jumped nearly 40% year-to-date. Valuation looks fairly reasonable given the company's long term history of strong growth. HANS trades at a trailing P/E of 22.81, a forward P/E of 19.20 and a PEG ratio of 2.19, which is on the high side, but reflects the quality of the company. Another thing that is driving the share price is the possibility that HANS will be taken over by a larger competitor. Wall Street analysts have a median price target on the stock of $55.00 and a high target of $57.00.