Dogtor Tess

PetMed Express ( PETS ) and subsidiaries, doing business as 1-800-PetMeds, is a leading nationwide pet pharmacy. The company markets its health products for dogs, cats, and horses direct to the consumer through national television, online, and direct mail advertising campaigns. We are downgrading PetMed Express from Buy to Hold and reducing our 6-month target price from $21 to $17. The company should continue to report solid results thanks to management s focus on increasing its market share a

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There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide margin, or they are in businesses which sell products and services which are a necessary part of everyday life. Wal-Mart (WMT) recently announced that its same store sales in January were up 2.1%, which was more than forecast. With the company’s huge network of stores and ability to strong arm suppliers, Wa

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