PetSmart, Inc. (NASDAQ:PETM)

CAPS Rating: 4 out of 5

The Company is a provider of products, services and solutions for the lifetime needs of pets.

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Player Avatar kahunacfa (66.71) Submitted: 12/7/2009 3:13:33 PM : Outperform Start Price: $25.42 PETM Score: +131.52

As a Venture Capital Investor is PetsMart, I should have recommended this company for CAPS when it was in the $16-$18 per share range. Oh, Well - late on recommending this one.

I believe that PetsMart(PETM) is the Big Box category Killer company in the petsupply business. Yes, there is the far-distant second company PetCO, but PetsMart(PETM) is far and away the leader.

At the current price of $26.21, I believe PETM has an Intrinsic Value in the $34-$36 per share range - approximately a 34% increase from today's trading price.

PetsMart is a BUY over the intermediate to long-term.

Kahuna, CFA

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