3 Reasons to Avoid Beyond Meat Stock Like the Plague
Beyond Meat(BYND) The Motley Fool·2024-03-04 22:37
Don't look now, but Wall Street is starting to warm up to Beyond Meat (BYND -0.41%) stock again. The plant-based meat specialist's shares rallied after its late-February earnings update and are now up about 10% year to date, outpacing the 8% gain of the S&P 500.The company will still likely disappoint long-term investors. The business isn't on a clear path toward steady sales growth and is generating big losses. Here's why you'll want to avoid Beyond Meat stock for now.1. Demand is weakA lot of the current ...