Opinions
Karen Finerman
Beyond Meat Inc.
BYND-Q
DON'T BUY
Jul 07, 2021
The PE is too high. Prefers Oatly.
$140.350
Stock price when the opinion was issued
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BUY
It could be the next target of the Reddit short-sellers (whom he doesn't like), he says sarcastically. BYND is doing some incredible deals with McDonald's and the reopening will allow them to sell products to all the formerly dormant cafeterias.
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DON'T BUY
She wouldn't buy it, but she can see more interest in this meme name than, say, AMC, because analysts have upgraed BM and more people will be going out to eat at restaurants where BM has struck partnerships. However, BM is seeing more competition in non-meat food products. Also, BM is valued 7x more than some peers, so dig into their fundamentals and balance sheets.
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