Hello everybody and welcome to a $BYND bullish scenario 🤠
Long story short
New competition doesn't seem to be able to penetrate the plant based market. Beyond meat is the only brand that is really placing it self to be a market leader. When you think plant based burger, chances are you think of $BYND . Personally I am a big consumer of meat but I also care about the environment. With BYND I have taken the step to try and reduce my meat consumption a little bit, like many others will !
Why Beyond meat ? 👨🎓
-They are THE NAME in plant based meats by far !
Your buying the brand, I wouldn't be surprised if this is going to be the popular brand for years to come, like $KO Coka Cola.
🍕 - Fast-food places are selling Beyond meat ! Del Taco, Pizza hut, Dunkin Donuts, Star bucks ---> even in CHINA. It's aiming for huge international growth ! The branding here is crazy again, the pizza hut boxes for example, they all have the Beyond meat logo on them. Free advertisement to thousands and thousands of customers ! 💲💲
💲 - The revenue bynd makes from even one of these fast food deals, suddenly their product is in hundreds of stores across the world. This wont be the last deal like that, that's for sure.
🌿 - Shift to plant based products around the world, the fact that all these companies ( fast-food companies !) are adopting plant based meats tell us enough. Even Mc Donald's introduced a Mcplant burger. KFC sold beyond products, again with BEYOND MEAT brand right in their faces.
🍖 -More and more people are going vegan, and if not think about the amount of people like me who just want to cut down their meat consumption because of the environment or let alone health reasons. This trend is only going to continue into the future.
💰 - CHINA ! Just starting to roll out in China, they are building 2 factories in china. These are expected to be producing on full scale in early 2021. This market could be much bigger then the US or Europe !
💹 YOY growth
• Beyond Meat revenue for the twelve months ending September 30, 2020 was $0.403B, a 74.65% increase year-over-year.
• Beyond Meat annual revenue for 2019 was $0.298B, a 238.77% increase from 2018.
• Beyond Meat annual revenue for 2018 was $0.088B, a 169.89% increase from 2017.
• Beyond Meat annual revenue for 2017 was $0.033B, a 101.34% increase from 2016.
I don't believe this company is going to stop growing any time soon, especially when Covid-19 passes !
Putting all this together my conclusion is that this company is going to keep growing, and It's one I'm holding for 5-10 years. I don't care if this stock goes up 100% or 200%, I will keep holding it. 👌
If you enjoy these kind of articles please give me a follow or a copy on www.etoro.com/people/samboly
Long story short
New competition doesn't seem to be able to penetrate the plant based market. Beyond meat is the only brand that is really placing it self to be a market leader. When you think plant based burger, chances are you think of $BYND . Personally I am a big consumer of meat but I also care about the environment. With BYND I have taken the step to try and reduce my meat consumption a little bit, like many others will !
Why Beyond meat ? 👨🎓
-They are THE NAME in plant based meats by far !
Your buying the brand, I wouldn't be surprised if this is going to be the popular brand for years to come, like $KO Coka Cola.
🍕 - Fast-food places are selling Beyond meat ! Del Taco, Pizza hut, Dunkin Donuts, Star bucks ---> even in CHINA. It's aiming for huge international growth ! The branding here is crazy again, the pizza hut boxes for example, they all have the Beyond meat logo on them. Free advertisement to thousands and thousands of customers ! 💲💲
💲 - The revenue bynd makes from even one of these fast food deals, suddenly their product is in hundreds of stores across the world. This wont be the last deal like that, that's for sure.
🌿 - Shift to plant based products around the world, the fact that all these companies ( fast-food companies !) are adopting plant based meats tell us enough. Even Mc Donald's introduced a Mcplant burger. KFC sold beyond products, again with BEYOND MEAT brand right in their faces.
🍖 -More and more people are going vegan, and if not think about the amount of people like me who just want to cut down their meat consumption because of the environment or let alone health reasons. This trend is only going to continue into the future.
💰 - CHINA ! Just starting to roll out in China, they are building 2 factories in china. These are expected to be producing on full scale in early 2021. This market could be much bigger then the US or Europe !
💹 YOY growth
• Beyond Meat revenue for the twelve months ending September 30, 2020 was $0.403B, a 74.65% increase year-over-year.
• Beyond Meat annual revenue for 2019 was $0.298B, a 238.77% increase from 2018.
• Beyond Meat annual revenue for 2018 was $0.088B, a 169.89% increase from 2017.
• Beyond Meat annual revenue for 2017 was $0.033B, a 101.34% increase from 2016.
I don't believe this company is going to stop growing any time soon, especially when Covid-19 passes !
Putting all this together my conclusion is that this company is going to keep growing, and It's one I'm holding for 5-10 years. I don't care if this stock goes up 100% or 200%, I will keep holding it. 👌
If you enjoy these kind of articles please give me a follow or a copy on www.etoro.com/people/samboly