Jim Cramer: How Investors are Rebelling With Beyond Meat, not Tyson

Credit: The Street
Published on June 13, 2019 - Duration: 01:40s

Jim Cramer: How Investors are Rebelling With Beyond Meat, not Tyson

Tyson's getting into the meatless food game.

The company announced its rollout of plant-based proteins early Thursday.

We're expanding our position as a global protein leader to meet growing demand for plant-based protein with our new Raised & Rooted plant-based nuggets and blended patties.

We're #RaisingExpectations for just how good plant protein can taste.

Learn more https://t.co/EEdnG0ByYh pic.twitter.com/wmqiyPu5pt — Tyson Foods (@TysonFoods) June 13, 2019 However, Jim Cramer doesn't think that Beyond Meat has anything to worry about.

"[Beyond Meat is] purpose driven.

Now again, it is so hard for people who are not in their twenties and thirties to understand purpose driven but the fund managers of the new era are very different.

They can divine whose purpose driven and they will buy that stock betting that those are the companies who can get all the smart people.

Now at a certain point, Facebook's not going to get all the smart people because they are not purpose driven," he explained.

Related.

Jim Cramer: Unpacking a Bottom's Tough Work

Advertisement

You are here

Recent related videos from verified sources

2019 IPO's : 81 Companies Have Taken the Plunge! Well... So Far! 01:21
Credit: The Street - Published 4 days ago 

Jim Cramer Tackles Oil, Lululemon, Beyond Meat and Tyson 15:05
Credit: The Street - Published on June 13, 2019 

What Jim Cramer Says It Will Take for Beyond Meat Investors to Eat Elsewhere 01:37
Credit: The Street - Published on June 11, 2019 

Why Investors Should Pay Attention to Tariffs, FAANG, Five Below and Beyond Meat 06:55
Credit: The Street - Published on June 6, 2019 

You might like