A2 Milk Company Ltd (ASX:A2M) is one of Australia and New Zealand’s largest infant formula producers and the leader in a2-only protein based dairy products. It has operations in New Zealand, Australia, USA and China thanks to key supply and distribution agreements.
You have probably seen media reports lately on the rise of the Chinese middle class. Here are some ASX share ideas that could take advantage of this trend.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.63% at lunch.
A2 Milk Company Ltd (ASX:A2M) is regarded by many investors as one of the best growth shares on the ASX.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.10% on Tuesday.
The Bubs Australia Ltd (ASX:BUB) share price rose another 3.9% as investors got more excited about the company’s prospects.
Could the Bellamy’s Australia Ltd (ASX:BAL) partial SAMR approval affect The a2 Milk Company Ltd (ASX:A2M) share price?
The Bellamy’s Australia Ltd (ASX:BAL) share price was taking a bath today as ASX rival a2 Milk Company Ltd (ASX:A2M) was trading 1% higher.
Volpara Health Technologies Ltd (ASX: VHT) shares soared 21% today, posting the largest percentage gain on the All Ordinaries Index (ASX: XAO).
At the current share price, is A2 Milk Company Ltd (ASX:A2M) the best growth share on the ASX?
