Beyond Meat: Best Plant-Based Vegan Stock With 10x Upside

Apr. 15, 2022 10:31 AM ETBeyond Meat, Inc. (BYND) StockBYND107 Comments
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3.86K Followers

Summary

  • Beyond Meat is the leading plant-based vegan company by market cap, with a bunch of new products in the current pipeline.
  • The plant-based food industry is projected to grow nearly 5x to $161 billion by 2030.
  • Beyond Meat continues to innovate but be prepared for short-term headwinds.

Beyond Burger and Beyond Beef packages

Sundry Photography/iStock Editorial via Getty Images

Beyond Meat (NASDAQ:BYND) is my favorite plant-based vegan stock in a fast-growing industry that will change the way we eat and treat animals.

However, vegan stocks have been absolutely crushed over the last 52 weeks

This article was written by

3.86K Followers
Tarik Pierce is a 38 year old American stock & crypto analyst with over 25 years of experience in equity markets and 5 years of experience in cryptocurriences trading. He understands the plight of Millennial investors who are faced with rising cost of living and inflated housing prices in a fiat dominated financial landscape. His investment thesis is focused 100% on CAGR (compounded annual growth rates) and finding which stocks & cryptocurrencies can provide the most alpha returns over 5 to 10 year periods. He is currently interested in Bitcoin holding companies (i.e. MicroStrategy), Bitcoin mining companies (i.e. MARA Holdings), electric vehicles (i.e. Tesla) to name a few examples of stocks that can significantly outperform the S&P 500 and other comparable investments. The rest of his time is spent researching Bitcoin and preparing for an inevitable Bitcoin standard in the near future. His investing approach is 80% long equity shares and 20% options plays to maximize ROI without taking on too much significant risk. He normally holds no more than 5 stocks at a time and doesn't believe in over-diversification. He studied Economics at Dartmouth College in Hanover, NH (USA). His track record includes early investments in Tesla, BItcoin, Nio, MicroStrategy and others.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BYND either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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