Where Will Beyond Meat Stock Be in 3 Years?

"Dead cat bounce" is a rather morbid investing term to describe a phenomenon when a failing stock posts a sharp but short-lived rebound before resuming its downward trajectory. Beyond Meat (NASDAQ: BYND) is an excellent example of this phenomenon. The plant-based protein provider shocked the market in mid-October when it jumped by over 1,000% in just four days before quickly giving back most of its gains because of a lack of fundamental support for the upward move.That said, with a market cap of just $724 million, Beyond Meat's equity has become extremely cheap -- especially relative to its peak valuation of just over $14 billion shortly after its IPO in 2019. Is the discount a sign to buy or stay far away? Let's dig deeper into the pros and cons of Beyond Meat to determine what the next three years might have in store.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool