I would love, love, LOVE to get my meat hooks on to some undervalued pets! But, oh fudge! PetSmart is currently way overvalued right now.
People love their animals and spend billions of dollars on them every year, so I know this is a locked-in industry, so to speak. But, as a Benjamin Graham-style value investor, all I can do put these kinds of stocks on my watch list and hope they soon become undervalued.