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How Blue Buffalo Is Growing in the Pet Food Business

Blue Buffalo's (BUFF) strong second-quarter results should come as no surprise, especially if investors own a pet.

"Pet parents are increasingly humanizing their dogs and cats, driving growth of wholesome natural pet food category -- where [BUFF] is the leader, staying true to its meat-heavy, ancestral diet positioning," analysts with Deutsche Bank said in a research note Thursday.

The analysts said that the company's results this quarter were helped by pipeline shipments of new products in wet foods, treats...