Buy PDCO Stock

Patterson Companies, Inc. (PDCO) is a distributor of dental and veterinary products. The company has produced relatively consistent results over the years, and I like the stock now as PDCO should do well at a time there are growing concerns about the economy, especially if the company benefits from the COVID crisis starting to wind down.

The shares are cheap at just over 12.8X this year’s EPS estimate, and the 3.7% dividend yield also adds to the attraction. Let’s buy, and I will have more in Tuesday’s Value Authority Update.

Buy PDCO stock under $29.50, my target is $33.