Beyond Meat (BYND) Remains Promising, but the Stock Is Too Expensive

Beyond Meat (BYND) has been one of 2020’s star performers. A sparkling recent earnings report, and several promising international deals have acted as catalysts for the stock’s outstanding performance. To wit, shares have increased by 100% since the turn of the year.The company’s CEO Ethan Brown recently presented at William Blair’s 40th Annual Growth Stock Conference and firm analyst Jon Andersen was there to get the lowdown.In a challenging macro environment, Beyond’s products appear to be holding up well.For the four-week period leading up to May 17, the company’s sales grew by 134%, compared to the overall plant-based category’s also …read more

Source:: Yahoo Finance

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