Bloomberg Markets: Dave Wilson's Stock of the Day for May 8
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Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" PetMed Express (PETS). PetMed Express Inc.'s shares rose to a record after the online pet-pharmacy owner posted results for the fiscal fourth quarter. Earnings and sales were higher than analysts' average estimates in a Bloomberg survey. PetMed also raised its quarterly dividend by 1 cent a share for the third straight year, which brought the payout to 20 cents. The stock is headed for its biggest one-day gain since January 2008.
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