My No. 1 Oil Play for 2024

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Patterson Companies, Inc
NASDAQ:PDCO
$27.64

Financials

Curr Year EPS Estimate2.05
Profit Margin-0.09
Return on Assets0.05
Return on Equity-0.40
Revenue5,636,733,952
Earnings Per Share-5.06
Revenue Per Share59.20
Gross Profit1,197,410,000
Quarterly Revenue Growth0.07

General

NamePatterson Companies, Inc
TickerPDCO
ExchangeNASDAQ
SectorHealthcare
IndustryMedical Distribution
CurrencyUSD
CountryUSA
Fiscal Year EndApril
Full Time Employees7,800

About Patterson Companies, Inc

Patterson Companies, Inc. distributes and sells dental and animal health products in the United States, the United Kingdom, and Canada. It operates through three segments; Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, hand instruments, and sterilization products; basic and advanced technology dental equipment; technology solutions, such as practice management software and e-commerce solutions; patient education systems; and office forms and stationery. It also provides a range of related services comprising software and design services, maintenance and repair, and equipment financing. The Animal Health segment distributes pharmaceuticals, vaccines, parasiticides, diagnostics, prescription and non-prescription diets, nutritionals, consumable supplies, equipment, and software, as well as value-added services. This segment also provides private label portfolio of products to veterinarians, producers, and retailers under the Aspen, First Companion, and Patterson Veterinary brands. The Corporate segment offers customer financing services; and sells other miscellaneous products. It serves dentists, laboratories, institutions, other healthcare professionals, veterinarians, other animal health professionals, production animal operators, and animal health product retailers. The company was formerly known as Patterson Dental Company and changed its name to Patterson Companies, Inc. in June 2004. Patterson Companies, Inc. was founded in 1877 and is headquartered in Saint Paul, Minnesota.

Dividend

Patterson Companies, Inc pays out a dividend of $1.04 per share, with a dividend yield of 3.67%.

PDCO's last dividend payment was made to shareholders on January 29, 2021.

They pay out 52.79% of their earnings out as a dividend.

Recent Dividends

Feb 2, 2024$0.26
Nov 3, 2023$0.26
Aug 4, 2023$0.26
May 5, 2023$0.26
Feb 3, 2023$0.26
Nov 4, 2022$0.26
Aug 5, 2022$0.26
May 6, 2022$0.26
Popular

This Analyst Raised Robinhood's Forecast By 46% - Here's Why

Keybanc analyst maintained Robinhood with Overweight rating, raised price target from $15 to $22. Revised estimates for fiscal 2024 and 2025.

Bank Of America Bullish On AI: Spotlights Top Supply Chain Stocks To Watch

Bank of America has identified key global stocks along the AI supply chain, including several Nvidia suppliers, that are poised to benefit from the AI boom.

America's Cash Bubble Set to Burst on May 1, 2024 - Ad

For the first time I've ever heard of... we know the exact day (and time) a bubble is going to burst. This is insane and something we only have access to because of Jason's findings (that he's sharing with his ultra-elite clients). To find out what the cash bubble is and why you're vulnerable to it without even realizing...

Chipotle's board has approved a 50-for-1 stock split. Here's what that means

NEW YORK (AP) — In a rare move on Wall Street, Chipotle Mexican Grill's board has approved a 50-for-1 stock split.

Former Goldman VP: "Here's What's Coming Next" - Ad

The man who traded during 1987's Black Monday crash has a surprising prediction for Americans, all centering on one stock.

Jim Cramer Reveals Nvidia's Non-Tech Partners That Can Be Potential Market Winner: 'Best Opportunities'

CNBC host Jim Cramer has spotlighted several lesser-known partners of Nvidia that could potentially benefit from the company's advanced artificial intelligence technology.

Regime Change At Federal Reserve? - Ad

The Fed just began the rollout of a new technology that'll "shake the US financial system". It'll likely go down in history as the biggest change to money since Western Union launched its "lightning lines" in the early days of the telegraph.

Top 2 Tech And Telecom Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the communications services sector presents an opportunity to buy into undervalued companies.

Bezos and Gates Invest in Search for Tech's Best-Kept Secret - Ad

Billionaires who've made their fortunes in tech, are quietly investing in essential yet rare elements known as "The Seeds of Technology". Learn more about this massive rare earth treasure hunt and the very elements making emerging technologies possible.

Stock market today: Asian shares are mixed after Wall Street retreats from all-time highs

BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street slipped a bit further from its record highs.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

Top 3 Financial Stocks That May Explode This Quarter

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

Ken Buck, A Thorn In The Side Of GOP Leadership, Deals Final Blow Before Leaving Congress

Rep. Ken Buck (R-Colo.) signed a Democratic discharge petition for foreign aid, marking a significant shift in the Republican stance on the issue.

Blue Chips and Billionaires Quietly Investing in "The New Oil" - Ad

They're as essential to the tech and AI revolutions as oil was to the industrial revolution. Known as rare earth elements or REEs, these relatively unheard of commodities are essential to semiconductor chips, renewable energy, electric vehicles, and more.

Stock market today: Asian shares trade mixed after Wall Street closes near record finish

TOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates.

Dutch hyperloop center aims to advance futuristic transport technology

VEENDAM, Netherlands (AP) — A 420-meter (quarter-mile) white steel tube running alongside a railway line in the windswept northern Netherlands could usher in a new era in the transportation of people and freight.

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

UK government set to link China government-affiliated hackers to a cyberattack on election watchdog

LONDON (AP) — Britain's government is expected to blame a string of cyberattacks targeting the U.K.'s election watchdog and lawmakers on hackers linked to the Chinese government,

The Sneaky (Yet 100% Legal) Way for Obama to Return to Power - Ad

The ONLY way Democrats can keep the White House is to bring back Barack Obama. And there's a sneaky (yet 100% legal) way to achieve this. In fact, this disaster scenario is already underway. See what they're up to, and how you can get ready today.

Biden administration restores threatened species protections dropped by Trump

BILLINGS, Mont. (AP) — The Biden administration rules to protect imperiled plants and animals that had been back under former President Donald Trump.

EV Owners May Have Bigger Cool Factor, But Their Tires Are Literally Tiring Them Out More Than Gas Car Drivers

The report highlights that EV tires wear out faster due to greater vehicle weight and higher torque. However, EV owners are often unaware of these performance differences.

The Next Big Leap in AI: "IMPERIUM" - Ad

Bill Gates, Jeff Bezos, and Mark Zuckerberg are pouring millions into it. (Gates even tweeted it's "one of the most powerful technologies of the 21st century!") And you can invest in this new technology, which we call Imperium, right alongside them ... starting with just $10.

Georgia lawmakers approve private water utility bypassing county to serve homes near Hyundai plant

SAVANNAH, Ga. (AP) — Georgia lawmakers gave final passage Thursday to a change in state law that would allow a private utility to provide water service for new homes near Hyundai's upcoming electric vehicle plant without first getting permission from local governments.

Wisconsin Supreme Court lets ruling stand that declared Amazon drivers to be employees

MADISON, Wis. (AP) — The Wisconsin Supreme Court on Tuesday a lower court ruling that declared some delivery drivers for Amazon were employees as the state argued, not independent contractors as the online retail giant contended.

The Man Who Bought Bitcoin at $5 Reveals His Next Tiny Crypto Gem for 2024 - Ad

Early Bitcoin Millionaire Charlie Shrem just revealed his five little-known crypto coins that he believes could create generational wealth over the next 12 months. What's more, some of these tiny cryptos he's discovered trade for less than $1!

Why Is UPS Stock Shooting Higher Today?

United Parcel Service forecasts robust FY26 revenue of $108 billion - $114 billion, with adjusted operating margin expected above 13%. With anticipated free cash flow of $17 billion - $18 billion. UPS will host its investor and analyst conference today at its Worldport air hub in Louisville.

2,000,000 "A.I. Crown Jewels" Set for Mass Production - Ad

A.I. investors...get ready: Because this little-known supplier just received a GIGANTIC order from Nvidia. It's one of the biggest production runs in technology history. And it's part of the reason why Barrons says this supplier could see $100 BILLION in sales by 2025.

Team Biden Unveils Comprehensive Policy For Federal AI Use: Here's What It Entails

The new White House policy requires federal agencies to appoint chief AI officer and is an extension of President Biden's AI executive order.

How To Earn $500 A Month From Micron Stock Ahead Of Q2 Earnings Report

Micron Technology, Inc. (NASDAQ: MU) is set to release earnings results for its second quarter, after the closing bell on Wednesday.

$1k/Day in Crypto - Witness the Proven Strategy Now - Ad

Ever heard of those rare, almost mythical 100x, 200x or even 300x+ returns in the crypto world? Usually, they're the stuff of luck, hinging on choosing the right altcoin at the perfect moment. But what if there was a systematic, predictable way to achieve outsized returns in crypto?

Former Trump Aide Says If Letitia James Seizes Ex-President's Properties It Would Be 'Very Hard On His Ego'

Grisham, in an interview with CNN's Erin Burnett, suggested that Trump would be particularly affected if James were to seize properties such as 40 Wall Street, Mar-a-Lago, Bedminster, or Trump Tower.

Amazon To Continue Winning Streak, Analyst Predicts Revenue Surge Amid Booming AWS and Retail Sales

Truist analyst reiterates Buy rating on Amazon with a $195 price target. US revenue tracking ahead of consensus, expected to gain share and sustain above-market growth.

"Titan of Tech" Bets Big on Tiny AI Company - Ad

He's made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal... But our research shows his latest investment could be his most successful venture yet. See how you can invest alongside him (with a starting stake of just $25). But you'll want to do it between now and May 5th.

MicroStrategy's Bitcoin Surge: How a Tech Company Outpaces eBay and Delta in Market Cap

MicroStrategy Inc (MSTR) saw its stock surge by 204% this year, reaching $1,919, surpassing 237 companies in the S&P 100. Its inclusion in the S&P 500 is complicated due to its revenue model relying on Bitcoin holdings. It also introduced an AI-powered bot for business intelligence. MSTR shares traded lower by 13.1% at $1,667.50.

Recommended

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service