As I have discussed previously, I have had the good fortune to be recruited by Covestor
to participate in their activities as a 'model' portfolio. In fact a year-and-a-half ago, I set up my "Buy and Hold"
model with a mix of investments. This year I set up a new model called "Healthcare"
with an emphasis on health-related stocks. If you are interested in Covestor, I would certainly encourage you to visit the site and learn about 'mirroring accounts'. USA Today recently ran an article
about social media and investing that you might find interesting.
[Related -Generic Drugmaker Mylan Is A Smart Healthcare Play]
I mention all of this because in my own search for new names and ideas for my healthcare model I came across MWI Veterinary Supply and purchased shares for my Healthcare Model. Thus, I am a holder of this stock but I would like to share with you some of the things I like and some of my own questions about this investment. I purchased MWIV shares on 12/16/10 at a price of $61.08. MWIV closed at $62.99 on 12/17/10, up $1.70 or 2.77% on the day.
MWIV was recently reviewed by Zacks.com with a positive comment. Motley Fool has also commented on this stock earlier this year. In light of these comments and my own examination of the stock, I decided to pick up shares last week. Let's take a closer look at this company.
[Related -Here's Why I Dumped Ford And Bought Colgate Palmolive]
According to the Yahoo "Profile" on MWI Veterinary Supply (MWIV), the company
"...distributes animal health products to veterinarians in the United States. The company primarily offers pharmaceuticals, vaccines, parasiticides, diagnostics, capital equipment, supplies, specialty products, veterinary pet food, and nutritional products.