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Shares in plant-based meat maker Beyond Meat (NASDAQ: BYND) rose Friday after the company’s fourth quarter earnings report was accompanied by the announcement of two new major food service partnerships with McDonald’s (NYSE: MCD) and Yum Brands (NYSE: YUM) BYND stock rose approximately 3% in response to these new partnerships

These partnerships, by and large, underscore that Beyond Meat is indeed the Tesla of the plant-based food revolution, at a time when that revolution is on the brink of moving from niche to mainstream

I expect Beyond Meat to become a household name in the next two years and that the company’s sales and profits will grow far higher than anyone expects

It Will Be Two Years For Beyond Meat Amid this breakout, BYND stock will do exceptionally well

This comparison is based on the idea that, just as Tesla used industry leading technology, manufacturing capacity, sales and branding to become the unrivaled giant of the electric vehicle space, Beyond Meat will similarly use industry leading technology and production, sales and branding, to become the unrivaled giant of the meat room on a plant basis

Making vegetable meat, in particular, is a difficult science It takes expert knowledge to do it well and to do it across multiple food industries. Beyond Meat has mastered this science

Anyone I know who eats plant meat will tell you that Beyond’s products are high on their list for product quality.In fact, I’d be surprised if they weren’t near or top of the list of all vegetable meats would be available

And Beyond Meat figured out how to use this proprietary technology to make several plant-based meat products like burgers, sausages, and meatballs This gives you a wider range of products than anyone else in this field

At the same time, the company is the largest supplier in the plant-based meat sector with the largest production area, which means that Beyond Meat can produce more plant-based meat than anyone else

This is a limited supply market Hence, Beyond Meat’s ability to consistently meet growing demand with a reasonable supply is a major differentiator, a differentiator that helps the company win multiple deals with retail and food service customers

The company’s products are everywhere: grocery stores, restaurants, fast food chains, etc. Some of these offers are exclusive, some are not, but all of them give Beyond Meat a huge brand lead, with the Beyond Meat brand and name becoming synonymous with the plant-based meat trend – just as Tesla has become synonymous with the EV trend / p>

All in all, Beyond Meat is the Tesla of the vegetable meat and just like TSLA stock has risen with the EV revolution over the past decade, BYND stock will soar over the next decade with the vegetable meat revolution / p>

The great partnerships of Beyond Meat with McDonald’s and Yum by and large underline the already mentioned thesis “Beyond Meat is the Tesla of vegetable meat”

Between these two companies, you speak of four of the busiest and most popular fast food chains in the world

They Don’t Forget Easy Supplier Partnerships The suppliers to these companies will see their products shipped to hundreds of millions of people around the world. Therefore, McDonald’s and Yum are looking for suppliers with great products, reputations and the ability to scale production

Beyond Meat has the highest quality products in this space, they have the production capacity to ship a ton of these high quality products, and they have a reputation, expertise and branding that are unrivaled within the space

This is great news for BYND stock Additionally, these partnerships formed BYND stock to have a big breakout over the next two years

Beyond Meat’s retail business is doing excellently Sales increased 85% year over year in the last quarter Buyer tariffs increased Buy frequency increased Repeated purchase prices increased

When it comes to grocery store sales, Beyond Meat is killing it – and for the foreseeable future it will continue to kill as the company increases distribution points and introduces new product SKUs at a time when more consumers do do looking for herbal diets

What is less obvious, however – and what will fuel the big breakout in BYND stock in 2021-22 – is a surge in the company’s foodservice business in the years to come

Just think of the two partnerships Beyond Meat has just signed Between McDonald’s, KFC, Pizza Hut and Taco Bell, are you talking about some of the busiest fast food chains in the world? These partnerships come to the Beyond Meat- Products that are already available from A&W, BareBurger, BurgerFi, Carl’s Jr, Del Taco, Denny’s, Dunkin, Luna Grill, Subway and more

That said, if we all return to fast food chains and restaurants more frequently in the next 12 to 24 months as Covid-19 takes a back seat on high potency vaccines, we’ll see a lot of Beyond Meat products from menus to some of we will order these products.Some of us will really like them.And some of us return to loyal Beyond Meat customers, buying it from every restaurant we go to and loading it up at our local grocery stores
In other words, thanks to the creation of a huge foodservice distribution network, Beyond Meat is on the verge of transitioning from niche to mainstream in the next few years

In this case, Beyond Meat’s sales and profits will increase. BYND shares will also increase

Beyond Meat is positioned for a massive breakout between 2021-22 amid that breakout, BYND stock will soar higher, which is why I think this is one of the best growth stocks to buy today

Instead, the best growth stock I can buy today is a company that reminds me of a young Amazon.In fact, I think buying that stock today could be like buying AMZN stock in 1997 – before it rose by thousands of percent

Click here to see my first Exponential Growth Summit and find out the name, ticker symbol, and key business details of this potential 10-time stock pick

At the time of writing, Luke Lango held (neither directly nor indirectly) positions in the securities referred to in this article

Luke Lango uncovers early investment in the hyper growth industry and puts you on the ground floor of changing global megatrends This is how his 10X daily report has achieved an average return of 100% on all referrals since it launched last May, click here to see how he does it

Luke Lango uncovers early investment in the hypergrowth industry and puts you on the ground floor of changing global megatrends

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Beyond Meat Stock

World News – CA – Buy Beyond Meat Stock today for a perennial outbreak

Source: https://investorplace.com/hypergrowthinvesting/2021/02/beyond-meat-stock-bynd-multi-year-breakout/