Can Beyond Meat Live Up to the Hype?
Consumers have gotten really excited about Beyond Meat (NASDAQ: BYND) and its plant-based meat substitute products. So far, the company has lived up to the hype as sales have more than doubled year over year. The problem is that the company trades for more than 50 times revenue and that number is almost certainly too optimistic. The big question is what the actual demand is and how big the company can really be.
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