9 Best Alternative Meat Stocks to Buy

8. Beyond Meat, Inc. (NASDAQ:BYND)

Number of Hedge Fund Holders: 8 

Beyond Meat, Inc. (NASDAQ:BYND) manufactures, markets, and sells plant-based meat products in the United States and internationally. This company emerges as a prime investment opportunity for several reasons. First and foremost, the company’s strong financial performance was seen in the report for the third quarter of 2024. For instance, net revenues were $81 million, showing an increase of 7.6% year-over-year, which reflects positive business performance and the company’s ability to generate more revenue year-over-year. Secondly, the company continues to innovate and introduce new products that cater to diverse consumer preferences. For instance, the company holds a diverse portfolio of meat alternatives, such as a plant-based burger, plant-based meatballs, plant-based ground beef, and plant-based chicken products, which are designed to replicate the taste and texture of traditional beef and chicken. Moreover, the company has launched Beyond Sun Sausage, which is rolling out at Whole Foods Market stores across the country.