Replies to post #6473 on The Rising Influence of Rising Affluence

[DewDiligence]

ZTS—I ended up buying a starter position at $30.85 for the institutional portfolio I manage. Leverage on the SG&A and tax lines, as described in #msg-84068724, give me confidence that ZTS can increase (non-GAAP) EPS by 10%+ for several years to come, so the valuation seems reasonable, albeit not a screaming buy. I did not (yet) buy any shares for my personal account.

Did anyone here buy shares today?

[DewDiligence]

More color on ZTS spinoff from Bloomberg: #msg-84125595.