Better Buy: Beyond Meat vs. Coca Cola
Beyond Meat (NASDAQ: BYND) and Coca-Cola (NYSE: KO) sit on opposite ends of the packaged foods market.
Beyond Meat has carved out a growing niche in plant-based meat products, while Coca-Cola has struggled with declining soda consumption rates. Beyond Meat has attracted growth-oriented investors since its IPO last May, while Coca-Cola has remained a stable slow-growth play for dividend investors.
Beyond Meat's stock swooned with the rest of the market during the COVID-19 crash in March, but it recovered and has generated a year-to-date gain of nearly 70%. During the same period, Coca-Cola's stock dipped nearly 10% as the pandemic shut down restaurants and retailers.
Source Fool.com
