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PetSmart, Inc Message Board

  • sonofarailman sonofarailman May 21, 2014 6:20 PM Flag

    Solid Company

    Many people treat their pets better than their relatives. This trend is increasing and will cause this company to grow steadily with low debt. I'm a value investor and buyer for the long term here. Goal: $69, a 20% gain from here by the end of the year.

    Sentiment: Strong Buy

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    • End of the year isn't exactly long term, thesis decent. Low PE, store growth expected for next 10 years in this country, doubtful everyone buy pet supplies online or even significant percentage, services look to grow, kind of like Home Depot and Lowe's sometimes more expensive than other times but rarely not a good investment. Just need to continue growing stores and dividend.

 
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82.980.00(0.00%)Mar 11 4:00 PMEDT