Heard on the Street: There’s been a feeding frenzy for meat stocks this year, but it’s not too late for investors to join the party
Investors have gobbled up meat companies this year on the expectation that an epidemic in China’s pig population will force the country’s consumers to devour tons of imported protein. The rally has been frenzied, but there are still tasty morsels left on the table.
Gains in meatpacker stocks have been mouthwatering: Tyson Foods, the largest U.S. meat producer, has surged 40% since the beginning of the year. Brazilian producer JBS and its listed chicken subsidiary, Pilgrim’s Pride, have both rocketed around 70%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Vegan burger maker Beyond Meat raises price range in upsized IPOPlant-based meat maker Beyond Meat Inc on Tuesday increased the expected price r...
Consulte Mais informação »
Burger King and Beyond Meat say plant-based burgers aren't eating into meat salesThe meat-substitute maker's customers keep buying animal protein, while the fast-food chain's Impossible Whopper hasn't eaten into Whopper sales.
Consulte Mais informação »
Beyond Meat goes public with a bang: 5 things to know about the plant-based meat makerBeyond Meat, the company created by vegan Ethan Brown in 2009, has gone public to raise the money it needs to grow its line of plant-based meats.
Consulte Mais informação »
Beyond Meat CEO: We're focused on the meat industry, not other vegetarian optionsOn Thursday, Beyond Meat made its public market debut on the Nasdaq, trading under the symbol 'BYND.'
Consulte Mais informação »
U.S. Meat Companies Gain from Hog Culling in ChinaA deadly disease sweeping China’s hog barns is reinvigorating the fortunes of U.S. meat companies.
Consulte Mais informação »
Global meat-eating is on the rise, bringing surprising benefitsAs Africans get richer, they will eat more meat and live longer, healthier lives
Consulte Mais informação »
Apple magic extends global equities' months-long rallyGlobal equities were higher on Wednesday, extending the global equity market ral...
Consulte Mais informação »
Vegan burger maker Beyond Meat sizzles in market debutShares of vegan burger maker Beyond Meat Inc surged 84 percent in their market d...
Consulte Mais informação »
The 9 best sales and deals you can get this weekendThis weekend, reviewed found great deals on Apple AirPods, Instant Pots, a meat thermometer, and more.
Consulte Mais informação »
Burger King to roll out meat-free 'Impossible' Whopper nationwideBurger King planning to extend testing of its meatless 'Impossible' Whopper, and will roll out the vegetarian option nationwide by the end of the year.
Consulte Mais informação »