Monty RakusenI published my ‘Hold’ thesis on Zoetis (NYSE:ZTS) in July 2023, highlighting the high quality of Zoetis’ companion business while expressing concerns about its elevated stock price. Since my last publication, the stock price increased by 8.6%, underperforming compared to the S&P 500 (SP500) index return of 15.8%. The company released its Q2 earnings on August 6th before the market opened and raised its full-year guidance. I believe the companion business will experience double-digit growth  ...