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Pets at Home

Pet food and accessories retailer Pets at Home has outperformed the FTSE 250 index by 13 percentage points since February 2020. The group operates 457 shops across the UK and offers grooming services and veterinary appointments. It has a strong online presence, a new distribution facility opening next year and a “sound” financial position. What’s more, the demand for pet-related products and services is “relatively inelastic”. The stock’s current price does not reflect

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