3rdPartyFeeds

Sell Beyond Meat and Other Restaurant Suppliers. Buy These Stocks Instead, Analyst Says.

With consumers emptying store shelves into their own pantries, investors should load up on shelf-stable food suppliers, but avoid the stocks of restaurant suppliers like (MKC) & Co. (ticker: MKC), (CCEP) (CCEP), and (BYND) (BYND). Other food-service suppliers that the bank is downgrading to Underperform are (KO) European Partners and McCormick. Read More...

With consumers emptying store shelves into their own pantries, investors should load up on shelf-stable food suppliers, but avoid the stocks of restaurant suppliers like (MKC) & Co. (ticker: MKC), (CCEP) (CCEP), and (BYND) (BYND). Other food-service suppliers that the bank is downgrading to Underperform are (KO) European Partners and McCormick.

Read More

Add Comment

Click here to post a comment