How Beyond Meat Can Win for Investors Even if It Lowers the Prices of Its Products
Shares of plant-based protein company Beyond Meat (NASDAQ: BYND) took a hit recently after a Wall Street analyst reportedly warned that investors may be too optimistic about the company's prospects. According to The Fly, Piper Sandler analyst Michael Lavery downgraded the stock, in part, because the company might have to resort to lowering prices to gain market share. And that could negatively impact its profit margins.
In this video clip from Motley Fool Backstage Pass, recorded on Sept. 16, Motley Fool contributor Jon Quast talks with fellow contributors Jose Najarro and Jason Hall about how the company can still grow revenues and profits long term, despite the aforementioned concerns from Wall Street.
Source Fool.com