Skip to main content

Time to Take a Bite Out of Beyond Meat?

Publish date:
Video Duration:

Have you taken a bite out of Beyond Meat (BYND) - Get Beyond Meat Inc. Report ?

The company is set to announce earnings on Monday, July 29. 

However, after the company reported a partnership with Dunkin' Brands to roll out a meatless sausage, egg and cheese sandwich earlier this week, the stock has been soaring.

In fact, last night, market analyst Charlie Bilello noted that Beyond's market cap was larger than quite a few other companies. 

Real Money reporter Kevin Curran, who filled in for Jim Cramer on TheStreet's Facebook Live show, broke down what it would take for him to invest in Beyond Meat. 

"It would take them to make a profit? I mean, this is one of those things where you have to be aware. I mean, I can't say that I was right about beyond meat because I thought it was too high in the low hundreds. And now look at where it is today...And I mean, I would have missed that entire trade, but at the same time, this has such a feeling of euphoria where people say like, this is the only veggie play out there and this is going to be the game-changer. This isn't like a company with a massive moat really. I mean, it's mostly branding. I mean you look at Impossible Foods...Tyson foods (TSN) - Get Tyson Foods Inc. Report has its own entry point," said Curran. 

More From Today's Live Show 

Full Replay: To Infinity and BYND? A Breakdown of Amazon, Alphabet, Starbucks and Beyond Meat

Disappointed By Amazon Earnings? You Won't Be in the Long Run

How the Cloud Is Impacting Google and Amazon's Earnings

Related Videos