New addition to the depot: Zoetis
While classic pharmaceutical stocks should be well known to most, animal health is less in the spotlight.
#zoetis Zoetis is the global market leader here with medicines, vaccines, diagnostics, etc.
In recent years, a significant premium has always been paid, but this is comparatively low due to recent sales.
I therefore saw an entry opportunity and built up an initial position.
Animal health is a megatrend, as pets are becoming increasingly humanized. Pets are being treated like "real"/human family members - in the truest sense of the word.
I also see a strong positioning in the face of possibly more persistent inflation, as fewer savings are being made on pets.
At the latest at $130, I would increase significantly.
How do you rate the company? How do you see the short/medium/long-term prospects?