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How to Profit From Your Pets
In most animal-lovers’ homes, pets become instant members of the family and are refused no creature comfort… even in a recession.
In fact, the pet sector has managed to survive the financial crisis, with a few stellar companies actually flourishing in spite of it. Pet owners
are on track to spend $45 billion this year on their pets, a 5% increase from 2008.What’s more, 81% of pet owners plan to maintain or increase their
pet-related spending, according to the American Pet Products Association.It seems that tightened purse strings don’t apply when it comes to keeping our four-legged friends well-fed, groomed and cared for.
Here’s how to cash in on the trend with four well-positioned pet-related stocks…
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