This Stock is Soaring

Today’s chart highlights a company that has found a niche within a saturated market…

As DailyWealth readers know, we like to invest in businesses that sell the staples of daily life – like pet food. These days, the majority of U.S. households own a dog or a cat.

And with no shortage of food-brand selections, many pet owners are choosing health-focused options for their companions…

That’s where Freshpet (FRPT) comes in. In 2007, when a massive pet-food recall hamstrung many companies in the industry, Freshpet made a name for itself as a safe, holistic brand of pet food.

It manufactures refrigerated food and treats for dogs and cats with natural, minimally processed ingredients – best served fresh.

This niche strategy is still working today…

In the second quarter, sales jumped to $47.6 million – that’s 23% growth over the prior year.

As you can see, the stock has climbed more than 115% over the past year, recently hitting a new all-time high. As folks continue to seek out “natural” nutrition options for their pets, Freshpet should continue to profit…

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Source: Daily Wealth Market Notes