Why Beyond Meat Stock Is Too Risky
Beyond Meat (NASDAQ: BYND) is a leader in the fast-growing plant-based meat category. This space is worth $939 million with revenue increasing 18% in 2019, according to data from the Plant Based Foods Association.
Although many consumers are gravitating toward plant-based foods, Beyond Meat faces serious risks to its revenue growth, which will be problematic given the company's expensive valuation. Here's why Beyond Meat may not be a good investment right now.
Image source: Beyond Meat.
Source Fool.com