This story was originally published here.
The novel coronavirus pandemic has been a growth catalyst for the ever-evolving pet industry. Pet adoption has increased dramatically as millions of Americans were forced to retreat to their homes. All of this is compelling investors to look for the best pet stocks to buy.
The American Pet Products Association estimates that at least 67% of U.S. households own a pet. This number had grown by 11% since 1988, when the survey was first conducted. Additionally, the ProShares Pet Care ETF (CBOE:PAWZ) has grown by an impressive 30% compared to the S&P 500, which grew just 4% year-to-date.
Revenues from pet foods continue to bolster companies’ bottom lines compared to other pet products. Moreover, companies are looking at online channels in developing a competitive edge over their competition. Additionally, affluent pet owners, particularly the millennials, are buying more expensive pet products, such as organic food.
With that in mind, here are the best pet stocks to buy right now…
Editor's Note: Click here to keep reading.
VIDEO: The electric car battery demo breaking the Internet
A new type of battery is taking the Internet by storm.
When you see what it can do you might not believe what you are seeing is real.
Insiders are calling a “paradigm shift” in energy technology…
A “forever battery” that will usher in the next great energy revolution.
Even going so far as to call it the “Jesus Battery” because the properties it exhibits are so miraculous.
Forbes calls it simply, “The battery that could change the world.”
Already, the world’s biggest auto makers are inking blockbuster deals to get this new type of battery into their fleets as soon as possible—General Motors… Ford… Toyota… BMW… Volkswagen… Honda… Mitsubishi… Mercedes… Nissan… Hyundai… Audi… and Porsche…
Even leading oil corporations like BP and Exxon are bracing for the impact it’s about to have on society and are now making huge investments.
What is this new battery exactly, and what is it capable of?
Editor, Matt McCall’s Investment Opportunities
P.S. Right now the world’s most influential businessmen are storming this red-hot technology right now, while it’s still in its infant stages: Microsoft Founder Bill Gates, Amazon founder Jeff Bezos, China’s richest man and Alibaba founder Jack Ma, and Facebook founders Mark Zuckerberg & Dustin Moskovitz just to name a few. Click here for the full story.