a PE of 30 is nothing compared to what other darlings of the market growth stocks are at . Think Appen, Altium, Csiro and more. P/E is important but CBA's and other lower growth stocks have lower rates as they do not grow the business sixty percent a year.
I believe my tech shares will go down quickly in a recession, milk formula of the specialist kind however is a staple
and with thirty percent of Chinese being lactose intolerant ( I am not Chinese but lactose intolerant and the impact of drinking A2 is huge for me) and no competition right now. its a no brainer . Around ten is a decent long term buy.
A2M Price at posting:
$10.34 Sentiment: None Disclosure: Not Held
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