The Plant-Based Food Stocks Index was down 13% in April but is still up 14% YTD. Beyond Meat -17% in April.

There are only 3 pure-play plant-based food stocks with market caps in excess of $100M and they are -8.8% MTD with an average 12-month Wall Street price target.

Even with all the hype regarding plant-based foods, there are only 3 pure-play companies in the sector that have market caps in excess of $100M; our index tracks them.

Cannabis, psychedelic and plant-based food stocks were extremely oversold in 2022 - DOWN 73% vs. 2021 - but perhaps some of them will bounce back with major - dare I say "multi-bagger" - returns in 2023.

There are only 3 pure-play plant-based-food stocks with market caps in excess of $100M. After the downside surprises of last year, these 3 are up 46.6% YTD in 2023.