Better Buy: Beyond Meat vs. Kraft Heinz
Beyond Meat (NASDAQ: BYND) and Kraft Heinz (NASDAQ: KHC) represent two very different ways to invest in packaged foods. Beyond Meat, which went public last May, attracted growth-oriented investors with brisk sales of its plant-based meat products. Kraft Heinz struggled with sluggish demand for its aging brands, but some value-oriented investors considered it a turnaround play.
Over the past 12 months, Beyond Meat's stock declined nearly 30% as Kraft Heinz's advanced more than 30%. Does that gap indicate investors are more impressed by Kraft's turnaround prospects than Beyond Meat's growth potential? Let's take a closer look at both companies to find out.
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Source Fool.com
