BYND - Better Stock to Buy: Etsy vs. Beyond Meat
2024-01-27 08:05:00 ET
The stock market rally that kicked into high gear in late 2023 hasn't left investors with many screaming buy opportunities. The tech-heavy Nasdaq Composite is up 37% in the past full year, and the S&P 500 jumped nearly 22% in that time.
Value-focused investors like to hunt for stocks that have been left out of these types of rallies in hopes of finding a hidden gem. Previously well-loved stocks can find their way back into Wall Street's good graces, after all, potentially supercharging returns for patient investors.
Beyond Meat (NASDAQ: BYND) and Etsy (NASDAQ: ETSY) certainly meet that first criterion of having fallen out of investors' favor in recent months. But which stock has the better chance at delivering strong returns from here?
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Better Stock to Buy: Etsy vs. Beyond Meat