2024-03-21 15:11:54 ET
Summary
- Zoetis Inc. has shown unique compounding results since spinning off from Pfizer, with double-digit EPS and dividend growth CAGRs since inception.
- The loneliness epidemic is driving demand for companion animals, and Zoetis is well positioned to benefit from the rise in pet ownership and pet-related spending.
- Zoetis has a strong position in the animal health market, with increased pricing power and limited competition, making it a best-in-class asset in the industry.
In my last article , I mentioned my desire to reduce (and potentially, eliminate) my exposure to bio-pharma companies. So, the fact that I’m writing a bullish piece on Zoetis Inc. ( ZTS ) here might come as a surprise. But, in today’s report I’m going to discuss why I view Zoetis in a more positive light than other, better known, healthcare stocks such as Amgen ( AMGN ), Johnson and Johnson ( JNJ ), and Pfizer ( PFE ).
Simply put, since spinning off from Pfizer, Zoetis has produced very unique compounding results which have set the company apart from other human-centric bio-tech/bio-pharma companies.
Zoetis has posted positive annual EPS growth every year since its 2013 spin-off.
ZTS’s average annual EPS Growth rate since becoming a public company is 15.9%.
This has allowed the company to produce dividend growth CAGR of nearly 25% since 2013....
Read the full article on Seeking Alpha
For further details see:
Zoetis: My Favorite Healthcare Stock Right Now