CVET - 3 Top Animal-Health Companies to Buy in June
Because the animal-health industry is essential for livestock-based agriculture across the globe, demand for animal-health products is both reliable and growing. This makes animal-health companies a great way to round out a balanced healthcare portfolio with stocks that don't face the same set of risks as companies devoted to human healthcare. If you're looking for quick stock picks in the animal-health sector, don't miss these three leading companies worth buying in the short term.
Image source: Getty Images.
With a market cap of $65 billion and trailing 12-month revenues of $6.3 billion, Zoetis (NYSE: ZTS) is the world's single largest animal-health company. Its profit margin of 25.4% is impressive; its 63.6% return on equity is phenomenal. Both of these metrics, in addition to its year-over-year quarterly earnings growth of 35.6%, indicate that Zoetis is a very well-run company.