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Capitalism

June 02, 2020 - Investor Place

Enjoy Plant-Based Profits With Beyond Meat Stock

Enjoy Plant-Based Profits With Beyond Meat Stock
Beyond SausageCredit: Beyond Meat Inc.

Surprisingly meaty upside is in store for yield-hungry BYND stockholders

"The End of Meat Is Here,” proclaimed Jonathan Safran Foer’s controversial New York Times op-ed piece. That attention-getter of a title may be an exaggeration, but the novel pandemic has forced many consumers to reconsider their eating habits. And with this come profound implications for Beyond Meat (NASDAQ:BYND) stock.

A migration toward meatless-eating options is, for many market participants, an unexpected consequence of the lockdowns. Could this drive higher prices in BYND stock? The potential is certainly there as the shift towards plant-based foods, accelerated by the novel coronavirus, may just be starting.

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