Clay mining company’s stock doubles as American millennials choose pets over parenthood

American millennials with their pet cat and dogs rather than a child

Why should the shares of a clay mining company, Oil-Dri Corp, rise impressively year-on-year because millennials chose pets over parenthood? Because of the greatly increased demand for clay-based cat litter to accommodate the increased number of pets living in America’s homes. This article looks at the trend of millennials (born 1981-1996, 28-43 years old) …

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