Cobram Estate Olives (ASX:CBO)
Stuart Roberts shares his perspective on Cobram Estate Olives (ASX:CBO) on Ausbiz. He notes the brand’s strong presence in consumer minds and its reputation for producing high-quality, locally made olive oil. Roberts discusses the trend towards health, highlighting olive oil’s benefits and its newfound popularity as a daily health supplement.
Stuart sees Cobram Estate as a potential top 200 company, akin to A2 Milk (ASX:A2M), due to its effective marketing and expanding global reach, including 13 countries and olive production in California. He mentions that the company’s growth strategy involves reinvesting cashflow into new fields, fostering double-digit growth potential. However, he warns that a possible drought could pose a risk.
Stuart also notes wider trends in the agricultural sector and suggests that consumer spending on food and premium products is rising as people shift their disposable income from travel to better meal experiences. He briefly touches upon other promising sectors, like non-alcoholic beverages, pointing to evolving consumer preferences.
Watch the entire interview below!
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