Beyond Meat Stock Looks Expensive: Is It a Buy?
Plant-based meat company Beyond Meat(NASDAQ:BYND) has won over a lot of consumers with its products. But the stock is struggling to win over investors. After a successful start following its 2019 initial public offering (IPO), the stock has stagnated and is down over 40% from 2019 highs as of this writing.
For the most part, investors don’t question the secular trend. There seems to be a clear shift among consumers toward plant-based meat alternatives. However, many believe Beyond Meat stock is…
