The Globe and Mail Adam Mayers Published December 14, 2020
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Animal welfare organizations across Canada have seen a surge in demand for pet adoptions as Canadians spend more time at home during the pandemic and opt for the comfort of animal companionship and the distraction that it provides from the hard realities of COVID-19.
For investors, health care for pets and livestock offers another way to look at this trend. It is growing strongly, has solid fundamentals and committed customers.
Kristin Peck, chief executive officer of Parsippany, N.J.-based Zoetis Inc. (ZTS-N), the largest pure animal pharmaceutical company, said as much in a recent conference call during which she called animal health care a “steady and reliable sector,” even in times of economic hardship.