Better Buy: Beyond Meat vs. Darden Restaurants
Beyond Meat (NASDAQ: BYND) and Darden Restaurants (NYSE: DRI) have both been affected by the COVID-19 pandemic this year. Beyond Meat's meteoric growth decelerated as the crisis throttled its orders from foodservice customers, while Darden's sales dropped sharply as its restaurants -- which include Olive Garden and Longhorn Steakhouse -- temporarily closed or operated with strict social distancing restrictions.
But both stocks remain up for the year. Beyond's stock soared more than 90%, while Darden's stock advanced about 7%. Will Beyond Meat continue to outperform Darden next year as the pandemic passes?
Image source: Beyond Meat.
Source Fool.com