In the latest edition of Good Buy or Goodbye, host Josh Lipton welcomes Mizuho managing director and senior consumer equity research analyst John Baumgartner to discuss the best investing strategies when assessing health conscious consumers.

Baumgartner names BellRing Brands (BRBR) as a stock to buy for investors, noting the company is a "leader in the US ready-to-drink protein shake category." Baumgartner also highlights BellRing’s more capacity coming online that will continue to drive household penetration.

On the other hand, Baumgartner advises investors to steer clear of Beyond Meat (BYND). The food company facing a market share issue, meanwhile the US plant-based meat category experiences volume contraction, he argues.

Baumgartner also warns there is a real risk of a capital raise in the next couple of months.

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This post was written by Ivana Freitas.