Should You Buy Zomedica Stock Right Now? [The Motley Fool]
US:NYSE Investor Relations: investors.zomedica.com
Investors excited about a new diagnostic platform have been pushing shares ofZomedica(NYSEMKT:ZOMPeople sheltering in place during the COVID-19 pandemic adopted a lot of pets, accelerating a long-running trend toward increased spending on pet care services. Can Zomedica and its patented point-of-care tests for adrenal and thyroid diseases deliver big gains for investors?Image source: Getty Images.Let's weigh the big reasons to buy Zomedica stock now against reasons to remain cautious.Reasons to buy ZomedicaPeople staying home to avoid spreading the coronavirus adopted a lot of pets in 2020, accelerating demand for veterinary services that was already trending upward. The American Pet Products Association expects total U.S. spending on pets to reach a record $99 billion in 2021.The sliver of the pet care market associated with diagnostic services is expected to reach $2.8 billion annually by 2024, and Zomedica has a plan to become a major player in this arena. This spring, the company
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News
- Thinking about buying stock in Sundial Growers, Charah Solutions, Sorrento Therapeutics, Zomedica, or Novan?PR Newswire
- Zomedica, Tonix, Biolase caught up in social media frenzy [Seeking Alpha]Seeking Alpha
- Penny stock Zomedica jumps 250% after someone paid Netflix star Carole Baskin $299 for a mention [Yahoo! Finance News]Yahoo! Finance News
- Zomedica has soared 270% since Carole Baskin of 'Tiger King' promoted the company in a Cameo video [The Business Insider]The Business Insider
- Zomedica, IRIDEX leads healthcare gainers; Avinger, TransEnterix among major losers [Seeking Alpha]Seeking Alpha
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ZOM
SEC Filings
- 1/5/21 - Form 8-K
- 1/5/21 - Form 4/A
- 1/5/21 - Form 4/A
- ZOM's page on the SEC website
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