Beyond meat beats Bitcoin



[ad_1]
<div _ngcontent-c15 = "" innerhtml = "

Getty

Beyond Meat is the hottest IPO on Wall Street this year. Even after the recent correction, its shares gained 169.37% in the last three months, beating Bitcoin, which gained 95.42% over the same period.

Beyond the meat vs Bitcoin price

Koyfin

Beyond Meat, Inc. is a food company that manufactures, markets and sells herbal meat products in the United States and around the world.

An alternative to meat, meat-based herbal products would help save the world and societies from a number of problems ranging from obesity to cholesterol through the degradation of the environment . That's why they have become the new consumer craze among younger generations, who & nbsp;the most sensitive to these problems.

As was the case with previous consumer craziness, vegan products fueled the Wall Street investor frenzy for publicly traded companies likely to benefit from this trend, such as Beyond Meat.

And that's what happened with Bitcoin, a digital product that promises to save the world from the tyranny of big governments.

"Bitcoin and Beyond meat have one thing in common: their meteoric thrill was fueled by investor frenzy that allowed them to make quick gains without understanding the risks involved," says Haris Anwar, platform badyst. Investing.com Financial Markets. "There is no doubt .Beyond meat has a great product in a growing market of vegan products, but investors need to remember that the company is not Not yet profitable and soon to face growing competition, for example, Impossible Foods is traveling all over the country with Burger King offering its Impossible Whopper, while Tyson Foods is soon offering its own vegetable-based meat. "

Indeed, Beyond Meat has a profit margin of -26.73%, against 5.05% of Tyson, which trades at a PE of 12.16 – see table.

Business Before PE Profit margin Increase in revenues PEG ratio (5 years expected)
Beyond the meat 4,698 -26.73 3.81
Tyson 12.16 5.05 6.90 2.50

Source: Finance.yahoo.com & nbsp;07/27/2019

That's why Anwar recommends investors be wary of Beyond Meat points right now. "The latest results from Beyond Meat show that the company is still in its infancy and that it must spend a lot to create a defensible divide in a booming sector," he said. "The 11% drop in its stock on Tuesday is also a reminder that it may not be just one-way.At some point, investors will have to realize that the recovery of Beyond Meat's stock has gone too far. far."

">

Beyond Meat is the hottest IPO on Wall Street this year. Even after the recent correction, its shares gained 169.37% in the last three months, beating Bitcoin, which gained 95.42% over the same period.

Beyond the meat vs Bitcoin price

Koyfin

Beyond Meat, Inc. is a food company that manufactures, markets and sells herbal meat products in the United States and around the world.

An alternative to meat, meat-based herbal products would help save the world and societies from a number of problems ranging from obesity to cholesterol through the degradation of the environment . That's why they have become the new consumer craze among younger generations, who the most sensitive to these problems.

As was the case with previous consumer craziness, vegan products fueled the Wall Street investor frenzy for publicly traded companies likely to benefit from this trend, such as Beyond Meat.

And that's what happened with Bitcoin, a digital product that promises to save the world from the tyranny of big governments.

"Bitcoin and Beyond Meat have one thing in common: their meteoric flare was fueled by investor frenzy that allowed them to make quick gains without fully understanding the risks involved," says Haris Anwar, badyst at the platform. financial markets Investing.com. Beyond Meat offers a great product in a growing vegan market, but investors need to keep in mind that the company is not yet profitable and will soon be facing increasing competition. Impossible Foods, for example, is expanding across the country, with Burger King offering its Impossible Whopper product, while Tyson Foods will soon be offering its own vegetable-based meat. "

Indeed, Beyond Meat has a profit margin of -26.73%, against 5.05% of Tyson, which trades at a PE of 12.16 – see table.

Business Before PE Profit margin Increase in revenues PEG ratio (5 years expected)
Beyond the meat 4,698 -26.73 3.81
Tyson 12.16 5.05 6.90 2.50

Source: Finance.yahoo.com 07/27/2019

That's why Anwar recommends investors be wary of Beyond Meat points right now. "The latest results from Beyond Meat show that the company is still in its infancy and that it must spend a lot to create a defensible divide in a booming sector," he said. "The 11% drop in its stockpile on Tuesday is also a reminder that it may not be just one-way.At some point, investors will have to realize that the rise in Beyond Meat's stock has gone too far. far. "

[ad_2]
Source link