MWI Veterinary Supply, Inc. (NASDAQ:MWIV)
Distributor of animal health products to veterinarians. Products the Company sells include pharmaceuticals, vaccines, parasiticides, diagnostics, capital equipment, supplies, veterinary pet food and nutritional products.
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People love their pets, and are becoming increasingly willing to spend big bucks on them. This trend is not going to reverse anytime soon.
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MWI has a huge footprint in this industry. They provide decent returns for a good price and are very stable.
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i think they will keep growing ... http://www.idahostatesman.com/2011/10/25/1853105/boises-mwi-makes-fortunes-list.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+IdahostatesmancomBreakingNews+%28IdahoStatesman.com+Breaking+News%29&utm_content=Google+Feedfetcher
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Overlooked and still undervalued based on the owner earnings they continue to bring in. Management also seems quite capable, particulary in recessionary times. They even just made a nice little acquisition to gain international exposure (and didn't have to issue any stock to do it). People love their pets and livestock managers need to keep them healthy or else they go under. Bigger player in a fragmented and competitive industry.
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Strong financials, a sleeper stock
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These are, indeed, interesting times to be an investor. When looking for an investment candidate among macroeconomic turmoil I think it’s helpful to ask the following questions:
#1: Will people keep spending as much as they used to?
#2: If not, which businesses will be more likely to attract a greater percentage of the money that is being spent?
If most families are anything like ours, looking after the health and well being of one’s furry, feathered, or scaly family members is one of the things that will continue to be relatively high on the list of financial priorities. Given that 2/3 of this company’s revenues come from the pet market and 1/3 from the livestock market, this should continue to help insulate this company from continued macroeconomic malaise. After all, how many businesses grew the top line by about 12% during the first two quarters of FY09 – during one of the most severe economic declines any of us have ever seen, yet still sport, in my opinion, an attractive valuation?
Please see my blog for a more detailed analysis.
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In good times this stock would be excellant but because of the economy people will do without and purchase only those items they really have to have.
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This one better not go to the DOGS!!
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People pay as much to take care of their pets as they do to take care of themselves. Infact they pay more. I just payed 200.00 for treating my two dogs I would have a screaming fit if I had to pay that much for my two kids. Also they have stable tech. and their business model is wonderful.
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This is the leader in veterinary supplies. We are a nation of pet lovers, so where can the stock go but up. Their debt level is low as well..
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I own shares in its competitor AHII hence I have great interest in this company. I believe this companies share price will go up, whilst the share price of ahii will do too.
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People are crazy about pets.
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MWI is a fantastic distributor for veterinary products and I believe the only one publicly traded. This company gives people a chance to get in on the pet boom focusing in on the veterinary medical side. As a customer, I own three veterinary hospitals, their customer service is excellent.
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