Which plant-based food stocks have shown a positive correlation with the performance of major cryptocurrencies?

1 answers

• CJ NivinskiJul 31, 2024 · a year ago
  Absolutely! There are several plant-based food stocks that have shown a positive correlation with major cryptocurrencies. Beyond Meat (BYND) is a notable example, as its stock price has often moved in tandem with the crypto market. Oatly (OTLY), known for its plant-based milk products, has also demonstrated some correlation with cryptocurrencies. Tattooed Chef (TTCF) and Laird Superfood (LSF) are two other stocks that have shown a similar pattern. However, it's important to remember that correlation doesn't guarantee future performance, so it's essential to conduct thorough research and consider other factors before making any investment decisions. Happy investing!
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