$Beyond Meat, Inc.(BYND)$If you’re tempted to buy BYND stock, just look at where it’s been and where it is today. This used to be a $200 stock. Lately, it’s been closer to $30.

That’s not a bargain; it’s just a big “nothing burger.” The hype surrounding the 2019 IPO was through the roof, but that’s ancient history now. There’s no point in reminiscing about the past.

It’s also difficult to assign a value to BYND stock, as there’s no price-earnings (P/E) ratio to speak of. That’s because Beyond Meat has no earnings, plain and simple. This might have been more excusable several years ago, but by now, investors should expect Beyond Meat to either be profitable or at least be on the path to profits.