Trade of the Day: Beyond Meat (BYND) Stock Is Cooking a Contrarian Trade

Plant-based meat maker Beyond Meat (NASDAQ:BYND) is not an enticing long-term investment for conservative market participants. The company has consistently lost money. In addition, after posting revenue of $464.7 million in 2021, it has seen sales growth erosion. That’s not what you want to see for an industry that’s expected to blossom. Still, BYND stock could be a quick scalping opportunity for the contrarian trader.Fundamentally, Beyond Meat should perform better than it has. Since the start of the year, ...