Recommendation Q: What are your thoughts on starting a position in WOOF given it's current price (near IPO price) and downtrend this past year? Looking to add a pet related stock to my portfolio but there aren't many attractive options so please suggest any other that you would consider.
With strong growth and its first dividend, we might prefer PET today. WOOF is a bit cheaper. Its recent growth has been solid, yet guidance calls for a deceleration of growth going forward. We are confident of the general underlying trends of the sector, but like the momentum and market positioning of PET a bit better.
From 5iResearch. GLTA