The latest from the Fool, in wiht CSL - high praise indeed.
Why these market beaters could be the shares to buy
James Mickleboro | May 11, 2018 | More on: A2M CSL CTD
I think that the Australian share market is home to a good number of growth shares with the potential to beat the market over the next few years.
Three potential market beaters that I would buy today are listed below. Here’s why I like them:
A2 Milk Company Ltd (ASX: A2M)
There’s no denying that on paper the shares of this fast-growing dairy and infant formula company look expensive. But I would argue that they are actually fairly valued given a2 Milk Company’s growth potential. Demand for its products from the China market has been growing at an incredible rate and shows no signs of slowing. This should be supported by its rising middle class, the lifting of its one-child policy, and recent regulatory changes that make it harder to sell infant formula in the lucrative market. In addition to this, the company has recently announced plans to expand into South Korea and grown its footprint significantly in the United States.
17/18Y Projection, page-135
Add A2M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.25 |
Change
0.510(8.89%) |
Mkt cap ! $4.525B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.77 | $6.05 | $29.65M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152106 | $6.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.00 | 370 | 1 |
View Market Depth
| Last trade - 11.20am 27/09/2024 (20 minute delay) ? |
| A2M (ASX) Chart |