Patterson Companies, Inc. (NASDAQ:PDCO)
A value-added distributor serving the dental, companion-pet veterinarian and rehabilitation supply markets. The Company has three reportable segments: dental supply, veterinary supply and rehabilitation supply.
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Graham screen
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dental and pets
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Solid company in 3 growth industries. Definitely will grow over the next few years.
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Good earnings today and 3 good product lines.
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I'd be willing to buy into this whole improvement thing, but when a CEO doesn't like his company I don't either, that said the most recent filings are all buys but they are such small chunks all less than 100 shares, I feel like it's more smoke and mirrors than substance, when I see the CEO or a VP adding 500-1000 shares I'll start looking.
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A point and figure bull trend
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own in real life (bought once @ 28 in 2002 (?) and sold at 48. bought in again at 32 a few months ago).
... fantastic shareholder friendly company that has grown phenomenally, yet the fool, for whatever reason, tends to bash it.
here is my pitch - PDCO hits new 5 yr highs by this time next year, due to growth in their vet disposables. Why? because of the pet food scare! ... 20% in a year, write that down.
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