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!
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