We all know that the stock market is subject to fluctuations which cannot be separated. There is always a chance of a small company to blow up and also a major company to fall on the ground. If you are looking for a perfect prediction of stock market rates, then it is not impossible. It is always a chance of “might” included in the analysis of stock market rates. In this case, you cannot try to stay on a safer side in any situation as such.
Beyond meat is one of the major companies which has a great future in 2021. This is because the awareness of vegetarian food is spreading at a great pace. The stock rates of this company are quite affordable and profitable if predictions are concerned. If you are looking for a stock market investment in 2020, then Beyond meat is one of the best options for you. In this article, we will take a look at the reasons for it.
- Exceptional IPO
Beyond meat was founded in the year 2009 was a great run started since then, the product margin kept on increasing, and there was no dull art of the journey. This company finally decided to offer its IPO( Initial Public Offer) in the year 2019. Right now, based on the IPO, the market share is around $1.46 billion. This is quite a great number because the competitors are performing less than this. Beyond meat was the first to ever do it and you can expect more from it in future.
- Low Stock rates
The BYND stock price is quite affordable for a general stock market intending investor. In 2019 when Beyond meat’s IPO was announced, the cost of our stock was $25. This Is nothing in comparison to companies ensuring great returns on investment in stocks. You should know that the cost of Stocks of Amazon and Apple are quite high. These are in the list of well-performing companies in 2020. The stock price of Amazon Is near $3200, which is very high. Therefore, in comparison, Beyond meat is the best choice for you. The growth is expected to be higher in the year 2021.
- Expected returns
In the year 2020, the performance of Beyond meat was not upto the mark because of the pandemic. This global pandemic made it very tough for many food biggies to continue. The only reason behind this was because of the lockdown which was practiced in every country. Due to this, Beyond neat didn’t perform in a great way. Due to increasing demand after the relaxation of these lockdowns, sales are rising again. In 2021, the sales will also rise exceptionally, and the return on the stock will be high. You can check its income statement at https://www.webull.com/income-statement/nasdaq-bynd before investing.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.