Fake Meat Stocks: 6 Biggest Winners in the Meatless Revolution

 

Mark Reeth,U.S.News & World Report

via Yahoo News - September 14, 2020

 

These six companies are winning in the meatless movement.

 

The global pandemic has revealed startling flaws in global supply chains across a variety of industries, especially in the world of meat production. Earlier this year, the spread of the virus among workers at meat processing facilities ground production to a halt, leading to smaller supply and higher prices for meat products across the country. Thanks to these seismic shifts in the market, some analysts estimate that U.S. per capita meat consumption won't recover to pre-pandemic levels until 2026. This has given fake meat stocks -- companies that focus on alternative, plant-based meat replacement products -- a huge opportunity to not only capitalize on the investments they've made in artificial meats, but to invest even more resources into a meatless future. So which companies are a step ahead in the plant-based meat movement and who still has a lot of catching up to do? Here are six stocks to watch.

 

Beyond Meat (ticker: BYND) ...

 

Ingredion (INGR) ...

 

Tyson Foods (TSN) ...

 

Kellogg Co. (K) ...

 

Conagra Brands (CAG) ...

 

Archer-Daniels-Midland (ADM) ...

 

Six leaders in the meatless revolution ...

 

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https://news.yahoo.com/fake-meat-stocks-6-biggest-163529970.html