Veganism has grown exponentially over the past 10 years. USA alone has 600k people who identify as vegan and growing as of 2019. Expansion into china. Deal with McDonalds hopefully pending A 9.5b market cap looks small in comparison to its growth potential in the unlimited number of restaurants it could be put on the menu. The country's going green and BYND has proven to reduce environmental impact dramatically. This is a long term hold. Yes, there is competition. But BYND was first to break into the market and has large control over production. "They" said the same thing about competition with netflix, with tesla, with facebook and social media, with amazon and baba/walmart expanding online services. The first to get there always gets reward. Buy beyond and you will NOT be disappointed.
Veganism has grown exponentially over the past 10 years. USA alone has 600k people who identify as vegan and growing as of 2019. Expansion into china. Deal with McDonalds hopefully pending A 9.5b market cap looks small in comparison to its growth potential in the unlimited number of restaurants it could be put on the menu. The country's going green and BYND has proven to reduce environmental impact dramatically. This is a long term hold. Yes, there is competition. But BYND was first to break into the market and has large control over production. "They" said the same thing about competition with netflix, with tesla, with facebook and social media, with amazon and baba/walmart expanding online services. The first to get there always gets reward. Buy beyond and you will NOT be disappointed.