You got any thought on Plant based companies like Beyond? Ever since my wife went vegetarian and we've been eating more of it, I've thought about investing. I think it will be a huge market in a decade. ConAgra also has a plant based product line called "Gardein" and they trade for half of what Beyond does.
IMO, it is niche. A quick look shows it went down hard like everything else and tested that bottom. Its risen 12.00 bucks in 5 days.
I don't know their business models though.
Do they seek growth in new corporations like McDonalds or Yum brands?
First thoughts are you missed the boat. If you got in early, it'd be great but at 72.00 and some change per share,I'm not thrilled about that.
They say to invest in companies you believe in so if you are a believer and see value in being a shareholder, go for it.
I don't think beyond meat is going away any time soon and I'd argue there is room to get bigger but I just dont know enough about it.
Look at Under Armour.Different industry but at one time, they were what everyone wanted. Look at em now. The stock reached max potential and there is no more growth there.
Hope that helps you.