Analyst Bryan Agbabian of Allianz Global Investors says Marine Harvest ASA (MHG), a Norwegian seafood company, is set to benefit from an increase in demand worldwide for salmon.
“[Marine Harvest is] the largest salmon-farming company globally. Salmon prices have been very strong, and the growth in demand for salmon is growing mid-single digits, like 5% to 6%,” Agbabian said.
FOR MORE INFORMATION ON THIS INTERVIEW CLICK HERE.
Agbabian says a 6% growth rate is solid for a product like salmon, as it is growing higher than other meat products.
“If you compare it with beef or pork or chicken, it’s not growing as high as salmon,” Agbabian said. “Again, Marine Harvest not only sells to the local market in Norway, but they export as well.”
Potash Corp. (POT) to Benefit from Emerging Market Fertilizer Demand
May 13, 2013
Interview Highlights: Jim Wright and John Fattibene of Harvest Financial Partners on Investing Strategies
August 09, 2016
Alternative Harvest ETF (NYSEARCA:MJ): Is this the Fund to Own During the COVID 19 Pandemic?
July 27, 2020
Secular Growth Trends in Wireless to Benefit Tower Companies
July 25, 2012
Sustained Economic Growth Expected to Benefit Canadian Equities
August 03, 2012
