Zoetis: Focusing On The High Margin Segments (NYSE:ZTS)


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My passion for financial markets started at a young age, and I have been investing since 2007.I studied Economics and started as a buy-side equity research analyst. After pursuing a Master’s Degree in economic analysis and working as an accountant, I assumed the position of CFO for a holding company operating in the pharmaceutical, medical device, textile, food, and real estate industries.My experience as CFO has helped me understand a company’s ins and outs from the management perspective and some accounting tricks that are not taught at university. I find this experience useful to dive into the accounting of equities. Currently, I am teaching “Derivatives for risk management” and “Investment analysis” at the Master’s Degree in Financial Management (Open University of Catalonia).My goal is to identify the highest-quality companies with competitive advantages that can compound their cash flow and are trading at a fair price. I look for profitable businesses, operating in a growing sector, with high returns on capital, expanding margins, low debt, and management with skin in the game. I wish to provide my readers with a deep analysis where I explain the company’s business model, the dynamics of the market, competition, financials, and management. Furthermore, I apply valuation measures (multiples and DCF) and qualitative analysis to determine expected growth and give readers a competitive advantage. Even if I look for the most recent developments, my investing approach is focused on the long-term in companies that can deploy capital at high ROIC for some years ahead.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.



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The Pentagon has initiated an investigation incorporating polygraph tests to hunt down leakers after Elon Musk called for the prosecution of any Defense Department officials spreading “maliciously false information” about his dealings with the military.

In response to accusations surrounding Musk’s recent visit to the Pentagon, Defense Secretary Pete Hegseth’s chief of staff, Joe Kasper, called for an investigation into “unauthorized disclosures” of national security information with those found responsible to “be referred to the appropriate criminal law enforcement entity for criminal prosecution.”

Musk, the world’s richest man with billions of dollars in defense contracts, visited the Pentagon on Friday for a conversation about cost-cutting and innovation. The visit sparked controversy before it began after the New York Times reported that Musk was to get a top secret briefing about the US military’s planning for any potential war with China.

The Times, which cited multiple unidentified US officials familiar with the matter, said Musk was scheduled to view sensitive U.S. military strategies concerning China, potentially exposing critical Pentagon secrets given Musk’s substantial business interests there. Musk’s views on China have also provoked concern. He’s called Taiwan “an integral part of China” and once suggested that the self-ruled island become an administrative zone of the country.

Both President Donald Trump and defense chief Hegseth denied there were ever any plans for Musk to get such a high-level briefing. In the Oval Office on Friday, Trump acknowledged Musk’s potential conflict when he explained why he’d never give him such a briefing.

Further intensifying the scrutiny, Musk took to X, a social media platform he owns, insisting on the prosecution of Pentagon officials leaking misleading information to the media.

Hegseth has been one of the most vocal champions of Musk’s Department of Government Efficiency, boasting of hundreds of millions of dollars in spending cuts done in collaboration with DOGE staffers. 

The investigation into leaks “will commence immediately and culminate in a report to the Secretary of Defense,” Kasper wrote in a memo issued late on March 21. “The report will include a complete record of unauthorized disclosures within the Department of Defense and recommendations to improve such efforts.”

This story was originally featured on Fortune.com



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