Thursday, January 23, 2014 9:59:07 AM
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The Time Is Right For Investors To Buy PetSmart
Jan. 21, 2014 10:44 PM ET | 11 comments | About: PETM
Disclosure: I am long PETM. (More...)
Most people who are not too familiar with PetSmart (PETM) think of the company as simply a retailer of pet supplies and accessories. Those who know the company more intimately (from visiting its stores or investing in it) know that PetSmart provides a full range of products and services for pets.
After trading in a range of $69-$77 from July - December of 2013, shares have fallen more than 12% to start the new year, compared with a 3.5% drop for the Market Vectors Retail ETF (RTH) and a less than 1% drop for the S&P 500.
(click link -- too many charts/tables to post)
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http://seekingalpha.com/article/1958571-the-time-is-right-for-investors-to-buy-petsmart
PETM
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