Animal Health International (AHII)
Animal Health International (NASDAQ: AHII) sells and distributes animal health products, supplies, services and technology. The stock is having a great year so far, up nearly 40%. The strength continued since the company announced a 16% jump in earnings last week.
Cattle producers’ spirits have been lifted by higher prices, and they are willing to spend more on AHII’s product. The company’s veterinary business has also been quite strong, aided by a competitor going out of business last year. Even with the recent rally, I see good value here in what is really an undiscovered commodities play on higher food prices.
Buy AHII below $4.