The Alternative Way to Play Plant-Based Meat

While companies like Beyond Meat (BYND) and Impossible Burger are grabbing all the headlines, and investor dollars, there is a better way to play the alternative meat trend.

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Beyond Meat shares have soared some 600% since it’s May IPO and now sports a near-$12 billion market capitalization.  The company hasn’t yet made a nickel, and trades at a staggering 75 times sales. At that valuation, and with larger food producers such as Tyson Foods Inc. (TSN) moving into the space, it looks very much like a bubble and isn’t a stock I would touch.

But there is no denying the… Continue reading at StockNews.com

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