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-0.00471698113207537 -0.00943396226415095 0.00943396226415095 0 0.00943396226415095 0.0166981132075472 -0.225 -0.102641509433962
Stock impact report

Should You Buy Zomedica Stock Right Now? [The Motley Fool]

Zomedica Corp. Common Shares (ZOM)  More Company Research Source: The Motley Fool
US:NYSE Investor Relations: investors.zomedica.com
PDF 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 [Read more]
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