The 9 Best 'Purebred' Pet Stocks to Buy

Several blue chips play in the growing pet-care space, but these are the best pet stocks to buy if you want pure exposure to this blossoming opportunity.

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America's love affair with its pets is creating a booming pet care industry – and, as a result, a small but expanding cluster of pet stocks.

Pet care might be bigger than you realize. Edge by Ascential, a market research firm, says that North American spending on pets hit $225 billion in 2018, and is expected to hit $281 billion by 2023 – roughly 5% compound annual growth. Millennials and Gen-Zers are embracing pet ownership in far greater numbers than previous generations; roughly two-thirds of U.S. households own a pet, up from 56% just 30 years ago.


Data is as of Feb. 5. Dividend yields are calculated by annualizing the most recent payout and dividing by the share price.

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Lisa Springer
Contributing Writer,

Lisa currently serves as an equity research analyst for Singular Research covering small-cap healthcare, medical device and broadcast media stocks.