Beyond Meat rose nearly 7% on Tuesday after J.P. Morgan upgraded the meat-alternative stock to an overweight rating, citing valuation after a pullback from its highs., managing director at BK asset management, isn't firing up the grill just yet.
"I think the way to play is actually through the retail stores," Schlossberg said Tuesday on CNBC's "Beyond Meat has risen over 500% since it's early May IPO, but has dropped nearly 40% off its late July high.Donuts, which has been really highlighting Beyond Meat and the Beyond Egg sandwich very well and has also done a very good job merchandising, " said Schlossberg.
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Fonte: CNBC - 🏆 12. / 72 Leggi di più »