Better Buy: Beyond Meat vs. Costco
As the market surges to all-time highs, is it better to go with the exciting new disruptors, or the steady and dependable brand names? It's not an easy choice, as both types of highly popular companies are currently trading at or near all-time highs.
One new-age "excitement" stock is Beyond Meat (NASDAQ: BYND), which, despite a recent sell-off, is still up about 82% on the year.
Beyond Meat has posted some impressive gains in the retail/grocery segment, even as its sales to restaurants have plummeted amid the pandemic. One of those impressive retail/grocery outlets is Costco (NASDAQ: COST), which began selling Beyond Burgers in December of last year and just introduced Beyond Meatballs in Costcos nationwide this month.
Source Fool.com
