Better Buy: Beyond Meat vs. Coca Cola
Last September, I compared Beyond Meat (NASDAQ: BYND) to Coca-Cola (NYSE: KO) as two opposing plays on packaged foods. Beyond Meat, which made history as the first plant-based meat maker to go public in 2019, was a rare high-growth stock in a sector filled with slow-growth companies. Coca-Cola, one of the world's largest beverage companies, was one of those mature stalwarts.
At the time, I said Coca-Cola was the better investment because Beyond Meat was too "risky and rich" for my tastes. Coca-Cola's stock has risen nearly 10% since I made that call, but Beyond Meat's stock has fallen more than 15%. Let's see why Coca-Cola held up better than Beyond Meat, and whether or not it will maintain that lead throughout the rest of the year.
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Source Fool.com
