Skip to main content

What Jim Cramer Says It Will Take for Beyond Meat Investors to Eat Elsewhere

Publish date:
Video Duration:

Real Money Stock of the DayBeyond Meat (BYND) - Get Free Report was downgraded by underwriter J.P. Morgan Tuesday.

"As we wrote last week, 'at some point, the extraordinary revenue and profit potential embedded in BYND... will be priced in' - we think this day has arrived," wrote analyst Ken Goldman.

The stock was downgraded from overweight to neutral.

But the downgrade isn't enough to keep investors from buying more Beyond. Here's what Jim Cramer thinks about the downgrade. 

"No. And then you have to have a couple more. You have to have someone go to a sell. You have to have someone say that Impossible is doing better, which I think it is. But there is demand for Beyond Meat," said Cramer. "You have to have a major analyst say it tastes bad. These things could all happen. We'll see once no one wanted to get in its way in front of it, while it was going up. But once they trip it up, they can really be kicked when it's down, especially if the market turns down, as I think it will."

More from Cramer Today

Full Replay: Jim Cramer's Thoughts on the Trade Talks, Beyond Meat and FAANG

Why Jim Cramer Doesn't Think There'll Be a Definitive Trade Deal at G20

Jim Cramer on What to Watch in FAANG

Jim Cramer: 3 Things That Signal a Frothy Market

Exclusive Insight Into Jim Cramer's Charitable Portfolio

Related Videos