If you look at the % of citizens that use to infant formula from breastmilk as the country GDP/person rises, you can easily see the value. I got tipped to this when Mead Johnson was spun off in an IPO and its been very good for me. A core holding for me.
Excellent point. MJN has indeed worked out very well since BMY spun it off and offered to exchange BMY’s own shares for those of MJN. Congratulations on your gains!