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Cramer's Mad Money - Zoetis Has Animal Instincts To Move Higher

2014-11-23 16:19:07| Industrial Machines - Topix.net

Zoetis has seen its stock rise 37% since Cramer last interviewed the CEO, Juan Ramon Alaix, who credits the success of the stock with greater pet ownership and a growth in the livestock business. When asked about the recent purchase of shares by activist investor Bill Ackman, Ramon said the main concern is to create value for shareholders, and management has announced a $500 million share repurchase program.

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Category:Industrial Goods and Services

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