5 Best Alternative Meat Stocks to Buy

4. Ingredion Incorporated (NYSE:INGR)

Number of Hedge Fund Holders: 30

Ingredion Incorporated (NYSE:INGR) is one of the best alternatives to beef stocks to buy as it provides nutrition ingredients including potato starches. In the plant-based meat sector, Ingredion Incorporated (NYSE:INGR) is one of the popular stocks. During its Q2 earnings call, CEO Jim Zallie said that plant-based trends is a long-term “enduring” trend. The CEO also highlighted that since clients’ preferences were changing, the firm was expecting new requirements to implement. Ingredion Incorporated (NYSE:INGR) recently introduced NOVATION Indulge 2940, the non-GMO functional native corn starch and clean label ingredient.

Out of 910 hedge funds profiled by Insider Monkey for Q2, 30 had stakes in Ingredion Incorporated (NYSE:INGR). The largest stakeholder was Donald Yacktman’s Yacktman Asset Management which owned about 2.2 million shares of the firm that were valued at $236.7 million.