DNKN - Better Buy: Beyond Meat vs. Dunkin Brands
Investors have high expectations for Beyond Meat (NASDAQ: BYND), with shares having more than doubled through the first half of 2020. The plant-based meat specialist was considered a promising growth stock even before the COVID-19 pandemic created new supply and demand challenges for meat-processing giants like Tyson Foods.
But does it make more sense to buy Beyond Meat today and trade exposure to all that potential growth against some huge execution and valuation risks? Or are investors better off owning Dunkin' Brands (NASDAQ: DNKN), an already profitable business that distributes a few of Beyond Meats' hit products?
Let's look at the two biggest reasons to prefer the fast-food chain as the better stock purchase.