A2 Milk shares
have surged 14% this year, but is there a better alternative?
Baby formula
market
It has been a different
story for rival Bellamy’s
Australia Ltd (ASX: BAL) this year which has seen its share price fall 1.05% to
$7.51 per share at yesterday’s close. However, a forward P/E ratio of 17.8 is
more attractive than the lofty 35.2 of A2 Milk and could demonstrate an
attractive relative value play in 2019 for those keen on the baby formula
market.
https://www.fool.com.au/2019/01/18/a2-milk-shares-have-surged-14-this-year-but-is-there-a-better-alternative/
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