MENU

Why the A2 Milk Company Ltd (ASX:A2M) share price is falling

The A2 Milk Company Ltd (ASX: A2M) share price is down 3.6% to $9.43 at the time of writing after a day of declines yesterday.

Considered a sought-after growth stock, any dip in the A2 Milk share price has punters scrambling for buy-ins and if its latest trading update is anything to go by its core businesses of fresh milk and Chinese infant formula are growing strongly.

Volatility in the A2 Milk share price is likely down to concerns about increased competition in China, but overall the company has pretty solid fundamentals and there doesn’t look to be too many headwinds on the horizon.

Baby formula peer Bellamy’s Australia Ltd’s (ASX: BAL) share price has also been stuck in reverse of late.

The Bellamy’s share price is down 3.7% to $7.78 at the time of writing after spending the second half of the 2018 calendar year in decline.

A lesser-known contender in the sector is Wattle Health Australia Ltd (ASX: WHA) but its share price is also struggling.

The Wattle Health share price has dropped 1.8% today to $1.05 after a period of decline since April.

A2 Milk has been tipped as a solid growth stock, but if it's dividends you're after find our #1 dividend pick to grow your wealth now revealed for FREE here!

You might not know this market leader's name, but it's rapidly expanding into a highly profitable niche market here in Australia. Even better, the shares boast a strong, fully franked dividend that should balloon in the years to come. In other words, we're looking at the holy grail of incredible long-term growth potential AND income you can watch accruing in your account in real time!

Simply click here to grab your FREE copy of this up-to-the-minute research report on our #1 dividend share recommendation now.

Motley Fool contributor Carin Pickworth has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of A2 Milk. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!