Can Beyond Meat Be a Millionaire-Maker Stock?
Beyond Meat (NASDAQ: BYND) has proven itself to be something more than a niche novelty and is developing a global presence. Analysts also remain stoked about the plant-based meat alternative's potential, with one even suggesting there's a good chance it could go on to generate over $1 billion in annual revenue.
That better than three-fold increase in sales could eventually help turn investors into millionaires, but the question that needs to be asked is: How practical is that happening?
The thesis behind the billion-dollar sales mark is that Beyond Meat continues its worldwide march, while at the same time accelerating sales in every location it's available, and bringing more new products to market.
Source Fool.com
