Why we picked A2 Milk Company (A2M) this week
Not only does the A2M chart just look absolutely phenomenal, the story does too!
The Company just announced recently that they will be expanding their brand across the North East region of the US from this month. The Company has also told shareholders that sales in California, the South East region, and select natural retail chains are achieving sustainable levels, and is the perfect reason to be making this move to New York, New Jersey, Pennsylvania, Connecticut, Rhode Island, New Hampshire, Massachusetts, Vermont, and Maine.
The total number of stores should be taken from ~3,600 stores to potential ~5,000 stores from January and the “Love Milk Again” advertising campaign will be commencing. Although this definitely will have an effect on 2H18’s marketing spend for A2M, we think this should push them further in sales.
So to recap, extremely bullish chart plus strong sentiment behind solid fundamentals. That’s the recipe for a Hot Stock.