KeyStone’s Your Stock Our TakeBeyond Meat Inc. (BYND:NASDAQ) & Park Lawn Corporation (PLC:TSX) and Dog Millennial Esports Corp. (GAME:TSX-V).
This week in our Your Stock, Our Take segment we take a look at two unique stocks. The first has been all over the media and popping up at your local supermarket and a number of fast–food joints. The company, Beyond Meat Inc. (BYND:NASDAQ), offers a portfolio of “revolutionary” plant-based meats. The stock IPO’d at the beginning of May on the NASDAQ at $25.00 per share and has rocketed over 55% to the $165 range. The growth is great and many think the burgers are delicious but with a market cap of roughly $10 billion, it the stock good value. A listener asks us our take. Our second Your Stock, Our Take of this week is Park Lawn Corporation (PLC:TSX), which owns and operate businesses including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. There appears to be strong growth and a listener asks us if it offers value. Finally, our Dog of the Week is, Millennial Esports Corp. (GAME:TSX-V), is a gaming and digital media company. Millennial provides turnkey global solutions that cover gaming technology and studios, event management, research and analytics, content production, and broadcasting. One year ago, the company’s shares traded at $2.33 and at its highs briefly reached $12.30. The stock dropped to $1.13 by the beginning of 2019 and saw its shares suspended until April. Today, the shares trade for $0.20. The 50% drop in the last week make it our Dog of the Week. Is the drop an opportunity or a sign of things to come? We will discuss.
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