What Brendan says I believe is right, BUB's has not done anything wrong and with the move into organic cows milk it will be a real competitor to Bellamy and A2M over the next 12-18 months. Remember BUB's is not new to the market but the introduction of organic cows milk will be a game changer for them. Couple this with the snack range that has been introduced and they are covering just that bit more than Bellamy and A2M, but staying within their core business.
Is it the best growth stock? There are plenty of good stocks on the ASX all at different stages, the skill is to find hem, research management, look at what management has done so far, what sector they are in, competitors, market size and product to mention a few aspects of a growth stock. However, on performance I would say BUB's is certainly a growth stock.
BUB Price at posting:
$1.27 Sentiment: Hold Disclosure: Held
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