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Stock Picks Bob's Advice
Friday, 27 July 2007
VCA Antech (WOOF) "Trading Transparency"

Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice!  As always please remember that I am an amateur investor, so please check with your professional investment advisers prior to making any investment decisions based on information on this website.

A few moments ago I spent that nickel that was burning that hole in my pocket :).  Checking the top % gainers lists,  I saw that an old favorite of mine, VCA Antech (WOOF), a stock that I had owned earlier this year and actually had sold at a loss, was behaving well.  It was, you could say, barking for attention :).  (Excuse the pun so early in the morning).  But the stock, as I write, is trading at $40.99, up $4.38 or 11.96% on the day.  I went ahead and purchased 210 shares at $40.986.  (I purchase in these odd numbers so that they are divisible by 7.  It isn't superstitious, but it is easier to do the division :)).  

WOOF had announced 2nd quarter 2007 results after the close of trading yesterday.  Revenue climbed 17.7% to $300.3 million, net income climbed 21.3% to $35.8 million, and diluted eps was up 20.0% to $.42/share.  The Morningstar.com "5-Yr Restated" financials appear intact although earnings have been a bit volatile.  For all of these reasons,

VCA ANTECH (WOOF) IS RATED A BUY

and buy is exactly what I did!  Wish me luck!

Thanks again for visiting!  If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com.

Bob


Posted by bobsadviceforstocks at 9:37 AM CDT | Post Comment | Permalink

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