5 Best Pet Stocks To Buy Now

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1.  Merck & Co. Inc (NYSE:MRK)

No of HFs: 82

Total Value of HF Holdings: $7.17 Billion

Merck ranks 1st on the list of 10 best pet stocks to buy now. The company offers vaccines and medicine. MRK operates its animal products under Merck Animal Health brand which was founded in 1921. In 2020, Merck Animal Health reported full-year sales of $4.7 billion. In February 2021, the company purchased PrognostiX Poultry Limited, a leader in the poultry development industry.

As of the end of the fourth quarter, 82 hedge funds in Insider Monkey’s database of 887 funds held stakes in MRK, compared to 80 in the third quarter. Irving Kahn’s Kahn Brothers are the biggest stakeholder of the stock with 731 thousand shares worth $59 million.

Saturna Capital Corporation mentioned a few stocks in its Q1 2020 investor letter and Merck & Co. Inc was one of them

Here is what Saturna Capital Corporation had to say about Merck & Co. Inc: 

“Bristol-Myers and Merck benefited from low valuations, strong balance sheets, and attractive dividends going into the crisis, minimizing the negative fallout.”

Merck & Co., Inc.

Please also see Top 10 Large-Cap Healthcare Stocks to Buy now and 10 Best Healthcare Dividend Stocks 

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