Friday Investment Talk: Pets, UK and EU growth, Blue Chip Model Portfolio

The world pet market is growing to $350 bln by 2027, with 69% of Americans owning pets. ProShares Pet Care ETF (PAWZ) has broken out to new highs, and Trupanion (TRUP) has moved up since we last discussed the stock. It is now overbought.

As we have discussed previously, the UK appears undervalued compared to other markets. European PMI data comes in very strong, with a rebound in supply chains and inventories.

The Blue Chip Model Portfolio had a great week with Nike (NKE) up 14% on Friday after its earnings announcement on Thursday after market close. Caterpillar (CAT) and Dow (DOW) will likely be replaced on July 1st when the strategy reevaluates positions.

We further highlight opportunities in Estee Lauder (EL) and Playtika (PLTK) as they recover after earnings sell offs.