Author: WSTNN

Top Dog and Cat Stocks

Americans love their pets. More people own pets now than ever before, and the American Pet Products Association predicts that pet ownership will continue to grow over the next few decades.

by Nkem Iregbulem

Originally published March 24, 2020; Updated Jan. 12, 2022

Americans love their pets. More people own pets now than ever before, and the American Pet Products Association [APPA] predicts that pet ownership will continue to grow over the next few decades. According to a recent APPA National Pet Owners Survey, 67% of U.S. households, or 84.9 million homes, currently have pets — with most households owning a dog as a pet. Other commonly owned pets in households include cats and fish.

As pet ownership rises, so does the amount of money that households spend to own and take care of their pets. It is estimated that consumers collectively spent $100 billion in 2020. A table in a report from the Insurance Information Institute reports on the type and magnitude of expenses faced by cat and dog owners annually by survey participants. For cat and dog owners, reported annual expenses came from surgical and routine vet visits, food, food treats, toys, grooming, vitamins, and kennel boarding. Surgical vet visits were reported to cost around $426 annually for a dog and around $214 annually for a cat. Dog and cat owners reportedly spent an average of $259 and $228 respectively on pet food in a year.

Given the continued increase in the amount of money we spend on pets, you may want to look into pet stocks — stocks that benefit from this exact type of spending activity. Take a look through a couple of pet stocks, and you just might find yourself a treat. Your options include Patterson Companies Inc. (PDCO), Bayer AG (BAYRY), Henry Schein Inc. (HSIC), PetMed Express Inc. (PETS), Central Garden & Pet Co. (CENT), and Heska Corp. (HSKA). All of these stocks can be found on the NASDAQ exchange except for Bayer, which trades over-the-counter.

Your first option is Patterson Companies Inc., a medical supplies company involved in the research, development, and distribution of veterinary and dental supplies. The company was founded in 1877 and is headquartered in Minnesota. It has three operating segments: Dental, Animal Health, and Corporate. Under its Animal Health operating segment, it provides animal health services, technologies, and products such as pharmaceuticals, vaccines, diagnostics, antibiotics, equipment, and software to veterinarians, other animal health professionals, producers, and retailers.

Patterson Companies Inc. has a market cap of $2.75 billion and pays a fairly high dividend yield of 3.71%. It also has a trailing P/E ratio of 13.8.

Based in Germany and founded in 1863, Bayer AG is a multinational pharmaceuticals and life science company. The company operates through its Pharmaceuticals, Consumer Health, Crop Science, and Animal Health segments. Under its Animal Health segment, the company researches, produces, and distributes prescription and nonprescription veterinary products and solutions to help prevent and treat diseases in companion and farm animals. Its main products include human and veterinary pharmaceuticals, biotechnology products, agricultural chemicals, and high value polymers.

Bayer AG has a large market cap of $60 billion and pays a dividend yield of 4.02%. It trades at 13.3 times earnings. 

Another option is Henry Schein Inc., a company that distributes dental, medical, and veterinary healthcare supplies and products. The company was founded in 1932 and is headquartered in New York. It has two main operating segments, namely its Health Care Distribution segment and its Technology & Value-Added Services segment. Through these segments, it provides vaccines, pharmaceuticals, surgical products, equipment, and other products to its customers around the world. 

Henry Schein Inc. has a market $10.77 billion and does not pay a dividend. It trades at 17.14 times trailing earnings.

You might also consider PetMed Express Inc., a Florida-based company founded in 1996. The company operates as a pet pharmacy and offers pet medications, supplements, and pet supplies such as food, beds, and crates for dogs and cats. With its pharmacy license, it sells both prescription and nonprescription pet medications. The company also frequently researches new healthcare products.

PetMed Express has a smaller market cap at $408 million and pays a high dividend yield of 6.13%. It trades at 25.14 times trailing earnings.

Founded in 1955, Central Garden & Pet Co. is a California-based company that distributes garden and pet supplies across the United States. It has two main operating segments: Pet and Garden. Under its Pet segment, the company offers products for dogs and cats such as edible bones, edible and non-edible chews, pet food, toys, carriers, treats, and grooming supplies. It also offers appropriate food and supplies for birds, fish, reptiles, and horses. These products are primarily sold to independent pet distributors, mass merchants, retail chains, grocery stores, and bookstores.

Central Garden & Pet Co. has a market cap of $2 billion and does not pay a dividend. It trades at 13.8 times trailing earnings.

One more option is Heska Corp., a company founded in 1988 and headquartered in Colorado. The company manufactures, distributes, and sells veterinary diagnostic and specialty products. These products are primarily used in canine and feline healthcare markets. The company operates through two segments, namely its Core Companion Animal Health segment and its Other Vaccines, Pharmaceuticals and Products segment. Through the former, the company provides veterinary imaging instruments and services, veterinary chemistry analyzers, veterinary hematology analyzers, chewable treatment tablets, and allergy products. Through the latter, the company offers vaccines and biological and pharmaceutical animal health products to animal health companies and veterinarians. 

Heska Corp. has a market cap of $795 million and does not pay a dividend. However the stock is currently generating negative earnings.

There are a few other pet related companies such as Phibro Animal Health Corporation (PAHC), which has a market cap of $600 million and a yield of 3.3%.

Maybe you should get your paws on one of these stocks, when the price is right.

Disclosure: Author did not own any of the above stocks at the time the article was written.

Why Invest in Apple Stock When You Can Invest in Apple History

by Fred Fuld III

Have you ever thought about investing in tech history? Such as the history of Apple Inc. (AAPL)?

Well now you have your chance.

Alexander Historical Auctions is auctioning off a couple of early Apple collectibles including Apple Computer’s first trade sign.

Source: Alexander Historical Auctions

The sign is estimated at $100,000 to $200,000, with a start price of $50,000.

This was the very first sign used by Steve Jobs and Steve Wozniak to promote their Apple Computer start-up, and was displayed at the first trade shows Apple attended in 1976.

If this item is too rich for your blood, you might want to consider picking up Steve Wozniak’s first Apple Computer tool box.

Source: Alexander Historical Auctions

It even has the original LabelMaker label with Wozniak’s name on it.

The starting bid is $10,000, with an estimate of $20,000 to $30,000.

This is your chance to get unique, rare, one-of-a-kind Apple collectables.

Please note: This auction includes other items that some may find disturbing.

Disclosure: Author owns AAPL.

Will Movie Theater Stocks Become Blockbusters?

People are going back in to the movie theaters to see the big screen. Over Christmas weekend, Avatar: the Wave of Water pulled in $64,000,000 in box office gross, and has brought in a total gross of $261,681,686 so far.

by Fred Fuld III

Over Christmas weekend, Avatar: the Wave of Water pulled in $64,000,000 in box office gross, and has brought in a total gross of $261,681,686 so far.

Puss in Boots: The Last Wish generated $12,420,000, Whitney Houston: I Wanna Dance with Somebody sold $4,765,000, and Babylon brought in $3,600,000 over the same weekend.

People are going back in to the movie theaters to see the big screen.

Unfortunately for the theater companies, their performance over the last year has been miserable.

For example, Cinemark (CNK) has dropped by 46% year to date and is down over 20% just in the last week.

However, Texas based Cinemark,  operates over 500 theaters with more than 5,800 screens in the United States, and South and Central America. 

The stock has a forward price to earnings ratio of 23, and has an earnings per share expected growth rate 0f 127% next year. Quarterly revenue growth was 49.6% year over year.

It also has a very favorable price to sales ratio of 0.45. (Remember, a P/S of less than 1 is good, above 2 is not so good.)

Marcus (MCS), which owns and operates movie theaters, along with hotels and resorts, is down 22% so far year to date.

Marcus has a nosebleed high P/E ratio of 422, but a more reasonable forward P/E of 26. Earnings per share this year were up 70.4%.

The price sales ratio is a great 0.64, and the stock is even selling below book value with a price to book of 0.96.

The stock even pays a dividend with a yield of 1.44%.

There is also Reading International (RDI), the owner of theater chains, which is down 30%, and of course the famous meme stock, AMC Entertainment (AMC) which has tanked by 74% this year.

StockSymbolYTD Price
AMC EntertainmentAMC-74%
CinemarkCNK-46%
MarcusMCS-22%
Reading InternationalRDI-30%
IMAXIMAX-22%

Will any of these stocks bounce after year end tax selling? It is impossible to know, but maybe one of these will win an award for Best Stock.

Disclosure: Author didn’t own any of the above at the time the article was written.

Stocks Going Ex Dividend in January 2023

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million. Some of the stocks have yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.

Campbell Soup Company (CPB)1/4/20230.372.60%
General Mills, Inc. (GIS)1/9/20230.542.60%
Foot Locker, Inc. (FL)1/12/20230.404.87%
Caterpillar, Inc. (CAT)1/19/20231.202.02%
Clorox Company (CLX)1/24/20231.183.25%
Hasbro, Inc. (HAS)1/31/20230.705.11%

The entire list of over 100 ex-dividend stocks will be emailed to all subscribers next week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!

Dividend Definitions

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.

Will Drone Stocks Get Higher?

Unmanned aerial vehicles, better known as drones, are everywhere.

by Fred Fuld III

Unmanned aerial vehicles, better known as drones, are everywhere.

They are used in all types of industries.

For example, drones are being used by the following types of businesses and organizations:
Construction
Agriculture
Insurance Claims
Offshore Oil & Gas
Police
Fire
Coast Guard
Journalism
Customs and Border Protection
Real Estate
Utilities
Pipelines
Mining
Clean Energy
Cinematography

According to InsiderIntelligence, “The drone services market size is expected to grow to $63.6 billion by 2025.”

A few large corporations are involved in drone development and production as a small part of their business, but there are a few pure plays.

Many of these stocks have taken a beating over the last year or so, so maybe there are some bargains waiting to take off.

AeroVironment (AVAV) is an Arlington, Virginia based company which creates and manufactures robotic systems with a large unmanned aircraft systems division. Their market is primarily governments so their cash flow is relatively steady.

The stock has a forward price to earnings ratio of 38 and has an earnings per share growth estimate of 63% for next year.

Kratos Defense & Security Solutions (KTOS), based in San Diego, California, provides unmanned aerial systems to the U. S. Government.

The stock has a forward P/E ratio of 24, and has an earnings per share growth estimate of 60% for next year.

Ambarella (AMBA) is a video semiconductor company which makes cameras for drones and for many other purposes. The stock has a nosebleed forward P/E of 131.

Although earnings per share for this year were up58%, earnings for next year are anticipated to be down 34%

EHang Holdings Ltd. (EH) is a China based company which produces autonomous aerial vehicles. Earnings were negative for the current year and are expected to be negative next year.

Joby Aviation Inc. (JOBY) is  building an electric vertical takeoff and landing aircraft optimized to deliver air transportation. It has had negative earnings for last year with the same expected for next year.

Maybe one of these stocks can help your portfolio rise.

Disclosure: Author didn’t own any of the above at the time the article was written.

SPACs for Tax Selling Bounce Opportunities

by Fred Fuld III

A tax selling stock is a stock that is currently selling for a low price but was trading at much higher levels earlier in the same year, or even earlier years.

When the year end approaches, many investors utilize a strategy commonly referred to as tax harvesting , which is the selling of stocks at a loss to offset any gains that may have been made during the year.

Because of the heavy selling, the prices of stocks that have dropped substantially tend to sink far more than what would usually take place during the rest of the year. Then in January, with the strong selling over with, these stocks can recover somewhat.

So traders and investors are on the lookout for tax selling bounce stocks that are trading at much lower prices, hoping for a bounce in January, once the tax selling is over.

One type of stock that has been significantly hit were the SPACs, the special purpose acquisition companies that were so popular a few years ago.

These vehicles, also known as blank check companies, made it easy for private companies to go public. Some of the more well known SPACs include DraftKings (DKNG), down 49% year-to-date, and Virgin Galactic (SPCE), down 66%.

Unfortunately, the returns haven’t been so great, with many of them experiencing losses of over 90% from their highs.

Here are some additional SPACs that are down over 50% year-to-date. You will notice that several of them are electric vehicle companies.

CompanySymbolYTD Return
ArrivalARVL-96%
Shift TechnologiesSFT-93%
IronNetIRNT-92%
Ree AutomotiveREE-91%
CanooGOEV-82%
BuzzFeedBZFD-80%
LucidLCID-77%
AppHarvestAPPH-77%
WeWorkWE-75%
SoFiSOFI-73%
Lordstown MotorsRIDE-59%
FiskerFSR-54%
PolestarPSNY-50%

A couple things to remember. There is no guarantee that these stocks will bounce back in January, as there is usually a reason the stocks dropped so much in the first place.

Also, timing is everything with these tax-selling stocks. Sometimes the sellers are done selling in mid-December, sometimes they wait until year end.

Hope you get a bounce in your portfolio.

Disclosure: Author didn’t own any of the above at the time the article was written.

Stocks Going Ex Dividend in December 2022

The following is a short list of some of the many stocks going ex dividend during the next month.

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but during bear markets, you may want to consider avoiding this strategy. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until on or after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million. Some of the stocks have yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and the annual yield.

Bank of America Corporation (BAC)12/1/20220.222.36%
Nike, Inc. (NKE)12/2/20220.341.29%
H&R Block, Inc. (HRB)12/5/20220.292.73%
Walmart Inc. (WMT)12/8/20220.561.49%
Public Storage (PSA)12/13/20222.002.69%
World Wrestling Entertainment, Inc. (WWE)12/14/20220.120.60%
ConocoPhillips (COP)12/23/20220.701.89%
Xerox Holdings Corporation (XRX)12/29/20220.256.57%

The entire list of over 100 ex-dividend stocks will be emailed to all subscribers next week. If you are not a subscriber, you can sign up at the signup box below. Don’t miss out. Remember, it’s free!

Dividend Definitions

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written; affiliate links are on this page.

3 New Must Read Investment Books

Looking for reading material during the holidays? Looking for a great gift for your investor friends?

by Fred Fuld III

Looking for reading material during the holidays? Looking for a great gift for your investor friends? Look no further than these investment and stock market related books, all of which came out in the last twelve months.

How to Invest: Masters of the Craft

How to Invest: Masters of the Craft by David M. Rubenstein, co-founder of the Carlyle Group, was just released a couple months ago. It is a great compilation of interviews and conversations the author has had with famous investors, such as Ron Baron, John Rogers, Seth Klarman, Ray Dalio, Marc Andreeson, and many others. It doesn’t just cover the stock market; it also includes real estate, fixed income, SPACs, venture capital, and private equity.

Inflation: What It Is, Why It’s Bad, and How to Fix It

Inflation: What It Is, Why It’s Bad, and How to Fix It by Steve Forbes, Nathan Lewis, and Elizabeth Ames was published in April of this year. It covers the history of inflation, why it i bad for society as a whole, what happens if we get hyperinflation, and what can be done to prevent it.

The Cloud Revolution: How the convergence of New Technologies will Unleash the Next Economic Boom and a Roaring 2020s

The Cloud Revolution: How the convergence of New Technologies will Unleash the Next Economic Boom and a Roaring 2020s by Mark P. Mills came out just twelve months ago. It is a very extensive book covering technology from the aspects of information, machines, work, health. education, entertainment, and science. My favorite chapter was Chapter 16 – Work: The “End of Work” Myth.

Hopefully at least one of these books will help you out with your trading.

If you make a purchase through one of our partners’ affiliate links, we may receive compensation—at no extra cost to you.

Top Psilocybin & Magic Mushroom Stocks: Now Legal in Colorado

by Fred Fuld III

In case you missed the news, the state of Colorado legalized psilocybin, psilocin, and the magic mushrooms that contain those hallucinogenic drugs.

In addition, the personal use of other psychedelics such as DMT, ibogaine and mescaline was also legalized.

Now other states are considering legalization.

I actually predicted psilocybin and hallucinogenic drugs as a growth industry just three years ago, in my presentation at the San Francisco Money show.

Last year, I even wrote about the various cities and countries where magic mushrooms are already legal.

If you are looking for stocks that participating in this industry, there are a few, all of which trade on NASDAQ.

Compass Pathways (CMPS), which has a $468 million market cap, is developing COMP360, a psilocybin therapy for the treatment of treatment-resistant depression, and the treatment of post-traumatic stress disorder. This UK company is debt free, and has $4.47 in cash per share. It is currently generating negative earnings.

Cybin Inc. (CYBN) has a market cap of $76 million. This Toronto based company develops psilocybin based products to treat major depressive and alcohol use disorders. This is a debt free company that has 27 cents per share in cash. Earnings per share growth rate next year is estimated to be 16%.

Mind Medicine Inc. (MNMD), also known as MindMed, is a New York based company that is developing products to treat brain health disorders using LSD and Ibogaine. The market cap is $101 million.

Atai Life Sciences (ATAI) is a German based company that has a market cap of $475 million. The company has been developing pharmaceutical utilizing  ibogaine and ketamine.

Let’s see if any of these stocks get high.

Disclosure: Author owns MNMD and CYBN.

6 Great Gadget Stocking Stuffers

by Fred Fuld III

Don’t wait until the last minute. Start your gift shopping now. Who knows? There may be another supply chain shortage in December.

Here are some of the top new selling gadgets that would make anyone’s day. Some are useful, some are funny, some are both.

12 in 1 Tactical Pen Multitool

This is a great little multifunctional tool that has all kinds of features built in, including a Wrench, Screwdriver, Pen, Glass Breaker, Flashlight, and Bottle Opener. High quality, lightweight, and made with aluminum, it can fit in your pocket.

Archie Mcphee Instant underpants. Just add water 

Have you ever needed an extra pair of underwear? These are 100% cotton and fit in a 2 1/2 inch round tin. A great gag gift, and a great useful gift!

LED Flashlight Gloves

Waterproof, bright, and one size fits most hands.

Cryptex Da Vinci Code Mini Cryptex Lock Puzzle Box with Hidden Compartments 

This is a neat gift. Lock your money in here. You can set your own password.

Durecopow 20000mAh Portable Outdoor Waterproof Solar Power Bank Charger

This is a water-resistant, shock-resistant and dustproof solar phone charger, featured with carabiner, compass, and 2LED flashlight.

The Original Toilet Night Light Tech Gadget

A better way of going to the bathroom, instead of turing on a bright light or peeing in the dark. ToiLight is a cool led motion activated night light which activates automatically when you approach the toilet bowl.

Happy shopping!!!

If you make a purchase through one of our partners’ affiliate links, we may receive compensation—at no extra cost to you.