Better Buy: Beyond Meat vs. Yum China
Beyond Meat (NASDAQ: BYND) and Yum China (NYSE: YUMC) both emerged as unique plays in the saturated food market in recent years. Beyond Meat started selling plant-based meat products in 2013, and Yum China became a "pure play" on China's fast-food market after splitting with Yum! Brands in late 2016.
Beyond Meat was a tough stock to hold over the past year. It went public at $25 last May, blew past $230 in July, dropped to the low $50s during the COVID-19 crash in March, then rebounded to about $130 -- but it's still down nearly 30% over the past 12 months.
Image source: Beyond Meat.
Source Fool.com