Though spending on pets has proved surprisingly resilient (+$20B in sales) through good economic...

|By:, SA News Editor

Though spending on pets has proved surprisingly resilient (+$20B in sales) through good economic times and bad, PetSmart (PETM) is going to try to take it to another level. The company is introducing several new lines of pet clothing and has former Poison frontman Bret Michaels pitching the pet apparel. A more grounded reason to like PetSmart is its fundamentals and decent dividend yield, according to SA contributor The Tenacious Trader.