Business
Is the A2 Milk share price still a good buy after strong full year results? – Motley Fool Australia
Can the A2 Milk share price keep up the pace after a cracker full year result? Here we take a look at the outlook for A2 Milk shares.
It’s been a funny week for the A2 Milk Company Ltd(ASX: A2M) share price.
After opening the week at a near record high of $19.52, the A2 Milk share price dropped almost 7% in the following days. This was after the company announced a record profit of NZ$385.8 million, a 34% increase.
So, what happened?
There is no doubt that A2 Milk has had an absolute stellar 2020 financial year. The company received a positive bump in earnings from the COVID-19 pandemic as people rushed to buy groceries an…
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