5 Best Humane Stocks to Buy Now

In this article, we will be taking a look at the 5 best humane stocks to buy now. To see more such stocks click 10 Best humane Stocks to Buy Now.

5. Beyond Meat Inc. (NASDAQ:BYND)

Market Capitalization as of April 13: $949.88 million
Number of Hedge Fund Holders: 13

Beyond Meat Inc. (NASDAQ:BYND) is a company that produces plant-based meat alternatives. The company is dedicated to sustainability and minimizing the adverse environmental effects associated with animal agriculture. Beyond Meat Inc. (NASDAQ:BYND) claims that its products use less water, land, and energy than traditional meat production and generate fewer greenhouse gas emissions.

Beyond Meat Inc. (NASDAQ:BYND) promotes animal welfare by providing plant-based meat alternatives that reduce the demand for traditional animal-based meat. They support local communities by sourcing ingredients from local farmers and lowering their own environmental impact. Beyond Meat Inc. (NASDAQ:BYND) also partners with organizations like the ASPCA and The Humane Society to support animal welfare in the food industry.

Horos Asset Management mentioned Beyond Meat Inc. (NASDAQ:BYND) in its Q1 2022 investor letter. Here is what the fund said:

“What about the other asset class that has attracted the most attention from the investment community in recent times? Beyond Meat is the other company whose valuations we did not understand and whose share price has also declined drastically in the last year and a half.”