The stock for the company beyond meat has grown by several hundred percent since the IPO. Dr. Boyce Watkins, a professor of finance and author of the book black American money, analyzes the stock price for beyond meat to determine if the company is a worthy investment.
According to Dr. Watkins and many other financial experts, the company would have to be able to earn several billion dollars per year with in the next decade in order to justify such a high price.
Another concern according to Wall Street estimates is that the company stock would have to lead to a firm to earn margins that far exceed the margins of other companies within the industry.
You can follow Dr Watkins at the links below:
Instagram: @TheRealBoyceWatkins
Twitter: @DrBoyceWatkins1
Via Text: Text the word Boyce to 31996
Youtube: Youtube.com/DrBoyceWatkins
To learn how to start your own business: TheBlackBusinessSchool.com
Personal website: BoyceWatkins.com
The Dr Boyce Watkins Wealth-building program for children: BlackMillionairesOfTomorrow.com
To take my online course: TheBlackStockMarketProgram.com
The Dr Boyce Watkins podcast on Soundcloud:
To buy Dr Boyce books: DrBoyceBooks.com
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