SodaStream (NASDAQ:SODA) has had a great run recently for investors as an incredible growth story in the beverages space, but is this as high as it can go? In this video, Motley Fool analyst Austin Smith tells us why he believes it isn't. He thinks that with the company's razor-and-blade model of selling the unit, then selling customers the CO2 refill canisters forever after, the company will continue to see great revenue, and its new relationship with Wal-Mart (NYSE:WMT) will also be a driver for sales. Austin also points to broader trends toward health and recycling in the U.S. that will be further tailwinds for the company.

Austin Smith owns shares of Coca-Cola and PepsiCo. The Motley Fool recommends Coca-Cola, Monster Beverage, PepsiCo, and SodaStream. The Motley Fool owns shares of Monster Beverage, PepsiCo, and SodaStream. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.