Beyond Meat: Doomed by Lack of Customers

about 1 month ago

Speaker 2

"A company like Beyond Meat is absolute poo poo, right? It's it's terrible. They don't have any customers. Anybody who doesn't like meat isn't eating processed chemicals and anybody who likes meat isn't eating Beyond Meat. They've got no no customers. And I think a point that Martin brought up before which is very astute is like value isn't always defined as cigarette butts, Coca-Cas, buying things for 10 times uh free cash flow, right? Unless you can point to a turnaround, you're just playing musical chairs with a stock that has no real fundamentals."

The speaker strongly criticizes Beyond Meat, describing it as a company with fundamentally flawed operations due to a lack of true customers and unsustainable business fundamentals. Without a clear turnaround plan or catalyst, the speaker warns that the stock's valuation is unjustifiable and is likely to underperform.

Related Stocks