Is Now a Good Time to Buy Beyond Meat Stock?
As of this writing, there's never been a better time for normal investors to buy shares of plant-based meat company Beyond Meat (NASDAQ: BYND). The company had its initial public offering (IPO) in May 2019, priced at $25 per share. However, when the stock hit the public market, it opened at $46 per share before closing that first day at $65.75. Unless you were a company insider, an IPO investor, or just super quick that fine May morning, you've never been able to get shares of Beyond Meat cheaper than you can right now.
That fact may compel people to ponder whether now is a good time to buy Beyond Meat stock. The answer is complicated, but one thing's for sure: The company doesn't plan to slow down at all in 2020. On the contrary, it's aggressively pursuing its biggest year yet.
Image source: Beyond Meat.
Source Fool.com
