In recent appearances, Cramer talked up the plant-based meat Beyond Meat, saying the product is “strong.” Beyond Meat reported recently that their revenues had increased due to meat shortages around the country. The company’s stock is also up, with a 60% increase in 2020.
Cramer said on tv, “It’s all going Beyond Meat’s way. And what is Beyond Meat doing? They’re cutting prices. So the price of meat is going to go up for the regular meat, and the protein that skips the whole meat chapter is going to do well. Beyond Meat is one of the most dangerous shorts in this market,” he said.
CEO Ethan Brown said in a statement: “I am proud of our first-quarter financial results, which exceeded our expectations despite an increasingly challenging operating environment due to the COVID-19 health crisis.” Gardein and Tofurky have also seen sales increases during coronavirus.
“We’ve reached the point where there’s so many livestock on the earth’s surface that we’re running into challenges with keeping that system working. That supply chain, as many people in the industry themselves have said, is under enormous pressure. I think we are reaching a tipping point,” Brown told Cramer on an episode of the show “Squawk on the Street.”
Cramer reiterated his interest in the product on the show and said, “I think there are people who are getting appalled by what’s happened at the meat packers. I think these stories make you become not necessarily vegetarian but to think twice about beef. If you think twice about beef and then you try Beyond, you kind of realize it’s very, very similar.”
Learn How to Cook Plant-Based Meals at Home
Reducing your meat intake and eating more plant-based foods is known to help with chronic inflammation, heart health, mental wellbeing, fitness goals, nutritional needs, allergies, gut health and more! Dairy consumption also has been linked many health problems, including acne, hormonal imbalance, cancer, prostate cancer and has many side effects.
For those of you interested in eating more plant-based, we highly recommend downloading the Food Monster App — with over 15,000 delicious recipes it is the largest plant-based recipe resource to help reduce your environmental footprint, save animals and get healthy! And, while you are at it, we encourage you to also learn about the environmental and health benefits of a plant-based diet.
Here are some resources to get you started:
- Weekly Vegan Meal Plans
- Plant-Based Health Resources
- Plant-Based Food & Recipes
- Plant-Based Nutrition Resources
- The Ultimate Guide to Plant-Based Nutrition
- Budget-Friendly Plant-Based Recipes
- High Protein Plant-Based Recipes
- Plant-Based Meal Prep
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