Core Viewpoint - Concerns about a global recession suggest that divesting from certain Nasdaq stocks may be prudent, as some companies are both high-risk and overvalued [1][2] Group 1: Canopy Growth (CGC) - Canopy Growth has been experiencing significant losses, with a stock price that has dramatically declined over the years [3] - The company recorded nearly $1 billion in losses over the last 12 months and has $140 million in cash, alongside $446 million in debt [3][4] - Shareholder dilution has been substantial, with shares outstanding increasing by 70.58% year-over-year, raising financial risk for shareholders [4] Group 2: Beyond Meat (BYND) - Beyond Meat's stock price has plummeted due to mounting losses and declining sales, with a "Sell" consensus rating from analysts [5][6] - The full-year revenue forecast is between $315 million and $345 million, which is below the consensus of $343.8 million, and the company has a negative gross margin of 24.1% in 2023 [5] - Significant budget cuts of $70 million are planned for 2024, but the company has less than two years' worth of cash based on its current cash burn and over $1 billion in debt [5][6] Group 3: QuantumScape (QS) - QuantumScape is developing solid-state batteries but faces skepticism regarding its technology's viability and timeline, with no revenue or earnings reported [7][8] - The company has around three years of cash on its balance sheet before needing to raise capital again, relying on optimistic projections from Wall Street [7] - For 2024, QS plans to begin low-volume production of its QSE-5 prototype batteries, with projected capital expenditures between $70 million and $120 million and an adjusted EBITDA loss of $250 million to $300 million [8]

Beyond Meat produces meat alternatives, while Hormel's business is focused on traditional protein. Only one of these companies currently makes money.If you are the type of investor who likes to buy certain stocks when everyone else is selling them, then you will probably find Beyond Meat (BYND 0.16%) and Hormel Foods (HRL 1.05%) interesting. The problem with investing when there is so-called "blood in the streets," however, is making sure that you're not buying a company facing a very real risk of dying. Wi ...

Core Insights - Beyond Meat has launched its fourth generation of Beyond Burger and Beyond Beef, which are described as the most significant renovation in the company's history, focusing on improved taste and nutrition [1][4][6] Product Features - The new products contain 21g of plant-based protein per serving and only 2g of saturated fat, achieved by using heart-healthy avocado oil, which also enhances flavor [1][3][4] - The ingredient list has been simplified, with a 20% reduction in sodium compared to previous versions, and the removal of coconut and canola oils [3][4] - Consumer testing indicated a preference for the new flavor and texture, with 94% of registered dietitians at a recent conference enjoying the taste and recommending the product [1][2][3] Health Certifications - The new Beyond Burger and Beyond Beef have been recognized by leading health organizations, including the American Diabetes Association and the American Heart Association, for their nutritional benefits [4][5] - The products have also received the Good Housekeeping Nutritionist Approved Emblem and are the first plant-based meats to be Clean Label Project Certified [4] Marketing and Availability - The new products are being marketed with eye-catching gold packaging and are available at major grocery chains across the U.S., including Walmart and Whole Foods [1][7] - Beyond Meat is committed to improving human health and has established a multi-year agreement with the American Cancer Society to research plant-based meat and cancer prevention [6]

Progress may be more challenging for the company than some investors realize.Beyond Meat (BYND -3.91%) went from new industry darling to beaten-down stock over the past few years, and its shares are down a staggering 97% from the high they set soon after the 2019 IPO.The company has been reporting quarter after quarter of declining sales and steep losses, but investors cheered its fourth-quarter earnings report, sending the stock as much as 60% higher. Those gains were short-lived, however, and Beyond Meat ...

In 2023, consumer staples stocks were down a collective 6.5%, vastly underperforming the broader market. That has made investors bullish about the sector in 2024. As the story typically goes, a sector that underperforms one year often outperforms the next year. However, short interest creates a plot twist that may keep this sector down. At least, that seems to be the case for some consumer staples stocks that short sellers are targeting.  Storytellers frequently use foreshadowing to hint at future developme ...

Investors have a chance to buy Beyond Meat (BYND -6.28%) stock at close to fire-sale prices these days. Yet there's no shortage of reasons for this deep discount, which has shares trading at about half of their recent highs. The plant-based meat specialist was rocked by slumping demand following the pandemic-era sales spike. Consumers in the past year haven't been motivated by big price cuts on its meat substitute products, either. Sales are sinking and losses are mounting.That might not sound like a recipe ...

Beware of falling for value traps! In today’s challenging market environment, some stocks may look enticingly cheap on the surface. But if you peer a little deeper, you’ll realize many of these companies are just barely staying afloat, waiting out their last days or hoping for a miracle turnaround. While many startups stand little chance of survival in the coming years, these public companies have continued to hang on by diluting their shareholders by executing constant reverse splits.These are not business ...

Beyond Meat (BYND -3.76%) took off like a rocket ship when it reported fourth-quarter 2023 earnings, with the shares gaining roughly 50% in value in a single day. Within a few days, the stock had given back much of that gain, and if you look further back in time, it's still down roughly 95% from its high-water mark in 2019. If you are looking at Beyond Meat, you need to tread very carefully. The good earnings news isn't as good as it may seem at first.Beyond Meat had a strong quarter -- for Beyond MeatTo be ...

Group 1: Market Overview - The Fed's interest rate hikes have led to the exit of many underperforming stocks since 2022, but some stocks remain overvalued and are considered good shorting opportunities [1] - The upcoming Fed meeting is expected to create continued market turbulence, particularly affecting the identified stocks to short [1] Group 2: Beyond Meat (BYND) - Beyond Meat's stock has increased by approximately 4% since the beginning of the year, despite trading well below its past highs, indicating it is still overvalued [2] - The company's fourth-quarter financials reveal a 7% decline in quarterly sales and an 18% annual decline, with a net loss of $155 million in Q4, more than double the loss from the previous year [3] Group 3: Upstart Holdings (UPST) - Upstart Holdings peaked at $390 per share in October 2021 but has since fallen to around $25 per share, making it a prime candidate for shorting [4][5] - The company has experienced a 19% drop in loan origination in Q4 2023 compared to the same period in 2022, with a net loss of $55 million in Q4, which is over $10 million more than the previous year [5] Group 4: Carvana (CVNA) - Carvana's stock is considered overvalued at a valuation exceeding $16 billion, despite the company achieving its first profitable period [6] - The used car market is facing increased competition and a predicted growth of only 1% this year, which may lead to aggressive discounting by dealers and further pressure on Carvana's pricing [7]

Don't look now, but Wall Street is starting to warm up to Beyond Meat (BYND -0.41%) stock again. The plant-based meat specialist's shares rallied after its late-February earnings update and are now up about 10% year to date, outpacing the 8% gain of the S&P 500.The company will still likely disappoint long-term investors. The business isn't on a clear path toward steady sales growth and is generating big losses. Here's why you'll want to avoid Beyond Meat stock for now.1. Demand is weakA lot of the current ...