Unlike the many other mundane weekly news recaps, the team at Wealthy VC has made it its mission to scour the deepest depths of the interweb to bring together a collection of the week’s best and most unique investing news stories.
The Capitalist Countdown not only features the biggest stories from the market’s hottest stocks but it also always includes under-the-radar news from a few undiscovered hidden gems, capable of delivering mutibagger returns to your portfolio.
With that said, please sit back, relax and enjoy the Capitalist Countdown’s top 10 market-moving news stories for the week of October 11th – 17th, 2021.
The plant-based vegan foods industry is thriving but still in its infancy, with an enormous amount of untapped upside
Despite being in its early days, the flourishing new sector has already pumped out several huge winners, such as Beyond Meat (NASDAQ: BYND). As a result of BYND’s rapid rise, investors are currently on the lookout for the “Next Beyond Meat Multibagger”. The Wealthy VC research team has uncovered a new plant-based foods stock with all the right ingredients to be the burgeoning sector’s next big winner. We present to you, Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0).
The online sports betting market is expected to grow at a CAGR of 13.6%, rising from an estimated $25 billion in 2019 to an estimated $59 billion in 2026
The money flowing into the sports betting industry has resulted in numerous upstart companies and an ever-growing number of new sites and apps. One of the most famous sports betting apps is DraftKings (NASDAQ: DKNG). Not content to simply grow their business organically, DraftKings has been very active on the M&A front. Since going public, the company has been busy adding to its online gaming platform, with DraftKings announcing in August its plan to acquire Golden Nugget Online Gaming. In DraftKings’s most ambitious move to date, the company announced it intends to acquire Entain (LSE: ENT) (OTC: GMVHY), a British sports betting firm. Entertain owns online gambling brands Ladbrokes Poker and Bwin. DraftKings also has a joint-venture called BetMGM, with MGM Resorts International (NYSE: MGM) as their partner.
Eat Well is a fully integrated plant-based seed-to-market company with a simple yet vital goal, to ensure people worldwide “Eat Well”
With over 20 years of experience in the consumer packaged goods (CPG) industry, Marc has worked on some of the world’s most successful CPG brands, like PepsiCo (NASDAQ: PEP), owned Gatorade and Quaker Oats. Marc also spent a portion of his career working at the multi-national nutrition company Glanbia PLC (LON: GLB) (OTC: GLAPY). During his time with Glanbia, Marc was responsible for leading multiple brands in nearly two dozen product categories to over $1 billion in retail sales. Marc has parlayed the wealth of knowledge and experience gained throughout his career into Eat Well (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0). Under his leadership, the company expects to grow its sales significantly over the next few years.
With the reality of man-made climate change becoming more evident with each passing year, there’s a growing need for alternative forms of energy.
An increasing number of governments worldwide are requiring that their energy needs be met with wind, solar and other forms of clean, renewable energy. Hydrogen production and refueling leader PowerTap Hydrogen (NEO: MOVE) (OTC: MOTNF) (FRA: 2K6A) has big plans to use California’s generous subsidies to build out a network of hydrogen fueling stations throughout the Golden State.
It appears highly likely that 2022 will be another banner year for the rapidly emerging industry
The plant-based food space is booming and with the industry showing no signs of slowing down, all signs point to 2022 being another banner year for the emerging growth sector. With that said, let’s take a moment to explore the vegan food sector’s top five stocks poised to deliver investors outsized gains in the very near future.
- Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0)
- Beyond Meat (NASDAQ: BYND)
- Oatly (NASDAQ: OTLY)
- Tattooed Chef (NASDAQ: TTCF)
- Laird Superfood (NYSE American: LSF)