A New Index of Pet & Animal Care Companies
December 03, 2008
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RELATED TICKERS: IDXX
, PETS
, NEOG
A New Index of Pet & Animal Care Companies
[web link to index stats & Top 25 Rated Cos.]
The accompanying table [click to enlarge] provides statistics and the top 25 rated companies in the ETF Innovators [ETFI] Global Animal Biz Index, which outpaced the overall market and benchmark ETFs such as Market Vectors Agribusiness (MOO), Healthcare Sector SPDR (XLV), and iShares S&P Global Healthcare (IXJ) over the past year. The index includes companies active in the following business segments: animal breeding, veterinary services, pet retailers, animal feeds/nutrition, and veterinary medicines/diagnostics. Some top rated companies which have U.S.-listed stocks include Neogen (NEOG), PetMed Express (PETS), Balchem (BCPC), and Idexx Labs (IDXX).