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Plant-Based Movement is Happening, says Cramer. Get on the Bus.
Jim Cramer, the loud-talking truth-telling host of Mad Money, told investors that "the plant-based movement is happening" and they can either "get on the bus" or get left behind.
CNBC’s Cramer on Wednesday told investors that they cannot ignore the rising popularity of plant-based meat products. He told investors that there's a reason that Beyond Meat has rebounded 60 percent this year, and Impossible Burger is enjoying a popularity moment.
He talked with the CFO of Impossible Meats David Lee, and said that he and tried the Impossible Burger at a Giants game and thought: "This is just delicious. They've got to get this out there." Cramer hosted Lee, to ask how the Covid-19 crisis is effecting business now that restaurants are closed, and Lee reminded him that now Kroger and other distributors are carrying Impossible meats so consumers can make them at home. Plus, most of their consumers are meat-eaters who are turning to plant-based during the health pandemic.
Jim Cramer, the loud-talking truth-telling host of Mad Money, told investors that "the plant-based movement is happening" and they can either "get on the bus" or get left behind.
CNBC’s Cramer on Wednesday told investors that they cannot ignore the rising popularity of plant-based meat products. He told investors that there's a reason that Beyond Meat has rebounded 60 percent this year, and Impossible Burger is enjoying a popularity moment.
He talked with the CFO of Impossible Meats David Lee, and said that he and tried the Impossible Burger at a Giants game and thought: "This is just delicious. They've got to get this out there." Cramer hosted Lee, to ask how the Covid-19 crisis is effecting business now that restaurants are closed, and Lee reminded him that now Kroger and other distributors are carrying Impossible meats so consumers can make them at home. Plus, most of their consumers are meat-eaters who are turning to plant-based during the health pandemic.