Best Services Stocks To Invest In Right Now

Best Services Stocks To Invest In Right Now: PetSmart Inc(PETM)

PetSmart, Inc., together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada. The company offers consumables, such as pet food, treats, and litter; and hardgoods, which include pet supplies and other goods comprising collars, leashes, health care supplies, grooming and beauty aids, toys, apparel, and pet beds and carriers, as well as aquariums and habitats, accessories, dcor, and filters for fish, birds, reptiles, and small pets. It also provides fresh-water fish, small birds, reptiles, and small pets; and pet services, such as grooming, including precision cuts, baths, nail trimming and grinding, and teeth brushing, as well as training, boarding, and day camp services. In addition, the company operates PetsHotels that offer boarding for dogs and cats; provides personalized pet care, an on-call veterinarian, temperature controlled rooms and suites, daily specialty treats and p lay time, and day camp services for dogs; and operates veterinary hospitals, which offer services comprising routine examinations and vaccinations, dental care, a pharmacy, and surgical procedures. As of January 29, 2012, it operated 1,232 retail stores; 192 PetsHotels; 791 veterinary hospitals under the trade name of Banfield, The Pet Hospital; and 8 hospitals operated through other third parties in Canada. The company also offers its products through an e-commerce and community site, PetSmart.com. PetSmart, Inc. was founded in 1986 and is based in Phoenix, Arizona.

Advisors' Opinion:

• [By Peter Graham]

  The Q1 2014 earnings report for pet supply retailer PetSmart, Inc (NASDAQ: PETM), a brick and mortar peer of online Petmed Express Inc (NASDAQ: PETS), is due out before the market opens on Wednesday. Aside from the PetSmart earnings report, it should be said that Petmed Express Inc reportedQ4 2013 earnings on May 5th (sales sl! ipped 4.9% to $48.6 million while net income came in at $4.5 millionverses $4.6 million results that were blamed on severe winter weather). However,PetSmart did get some downgrades recently with analyst saying there is increased competition in the pets space.

• [By Jayson Derrick]

  Jana Partners wrote a letter to PetSmart (NASDAQ: PETM) blasting the company's decision to skip a review of potential acquirers and explore a recapitalization plan instead. Shares lost 0.33 percent, closing at $70.23.

• [By Garrett Cook]

  PetSmart (NASDAQ: PETM) shares shot up 12.76 percent to $67.43 on news that activist investor Barry Rosenstein had acquired a 9.9 percent stake and will seek a review of strategic alternatives.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-services-stocks-to-invest-in-right-now.html