Beyond Meat: Buy, Sell, or Hold?
2023 was a great year for much of the stock market. Not so much for Beyond Meat (NASDAQ: BYND). The plant-based meat producer is set to finish the year down 29% as nearly everything seems to have gone wrong for the company. Revenue is falling, the company is reporting wide losses, and its dreams of disrupting the massive protein industry seem dashed.
However, according to some metrics, almost any stock can be a buy at the right price, and Beyond Meat appears to be in the bargain bin. Let's take a look at the buy, sell, and hold cases for the stock below.
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Source Fool.com