Why BYND is fairly valued: Explaining the BYND explosion!
Why I think it’s a good stock:
Innovation: it’s a innovative product. Too much of today’s market is lacking real innovation. Unlike TLRY, a plant-protein meat alternative just didn’t exist. There was no commercial market. Simply put, people haven’t eaten this shit before. Best competitive moat is something completely new. I think it’s safe to say this is 10x better than any vegan alternative. Here’s a good sign: When other companies are marketing your product to their existing customers (see dunking) you’ve created something very valuable.
Management is solid: Look up the origin story- smart guys. Inventors. Seems like a good team. Managing the post-IPO PR well.
Market share growth: these massive partnerships they’re securing are expensive but crucial for distribution. And BYND’s biz dev team is crushing go-to-market strategy. Broad distribution, great marketing/hype, well timed into existing health trends. They’re doing the right things.
Ok, so you’ve explained the buy above. But at these levels, this has to go down. Come on, 600%? Bro I’m going to short… needforwant . com
Innovation: it’s a innovative product. Too much of today’s market is lacking real innovation. Unlike TLRY, a plant-protein meat alternative just didn’t exist. There was no commercial market. Simply put, people haven’t eaten this shit before. Best competitive moat is something completely new. I think it’s safe to say this is 10x better than any vegan alternative. Here’s a good sign: When other companies are marketing your product to their existing customers (see dunking) you’ve created something very valuable.
Management is solid: Look up the origin story- smart guys. Inventors. Seems like a good team. Managing the post-IPO PR well.
Market share growth: these massive partnerships they’re securing are expensive but crucial for distribution. And BYND’s biz dev team is crushing go-to-market strategy. Broad distribution, great marketing/hype, well timed into existing health trends. They’re doing the right things.
Ok, so you’ve explained the buy above. But at these levels, this has to go down. Come on, 600%? Bro I’m going to short… needforwant . com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.