Why I Disagree With These 2 Analysts and Am Sticking With Beyond Meat Stock

Why I Disagree With These 2 Analysts and Am Sticking With Beyond Meat Stock

On Friday, Sept. 18, J.P. Morgan analyst Ken Goldman, along with research firm CFRA, downgraded Beyond Meat (NASDAQ: BYND) to a "sell" rating from "equal weight," sparking a sell-off in the stock, in sympathy with many high-growth technology names. A leader in plant-based meat, Beyond Meat's stock has surged almost 100% this year, as its terrific growth rates and new innovations have fueled enthusiasm for the stock.