Zoetis (Revised) | ZTS | Long at $74.30

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Zoetis (Revised) | ZTS | Long at $74.30Zoetis, Inc. Class ABATS:ZTSWorthlessViews**This is a revised analysis of Zoetis $NYSE:ZTS. Original write-up: It appears the market is at the stage in which gambling involves entry at any point above the "crash" (green) or "major crash" (gray) moving average zones. My original entry in ZTS looked good "on paper" / fundamentally, but often fundamentals do not matter when it comes to price. Pros: Solid, steady revenue and earnings growth anticipated through 2029 Insiders buying at these levels P/E: 12.75x Dividend Yield: 2.76% Approaching "major crash" simple moving average zone - high probability of reversal (at a minimum) back up to the "crash" zone or higher Low bankruptcy risk Cons Recession... Reduced U.S. demand for pet products Intensifying competition Actions I have personally gone in very heavy at $74.30. Cost average reduced down to ~$84. Not investment advice. Targets into 2029: $84.00 (+13.0%) $105.00 (+41.3%) If you enjoy this idea, please follow for more: https://www.tradingview.com/u/WorthlessViews/