Livestock is also being microchipped, but less for finding lost calves and more for tracking animals through massive, ...

Microchips, about the size of a grain of rice, are radio frequency identification devices implanted in dogs and cats. The chips can be scanned at any animal shelter, vet clinic or police station.

Microchip is also well diversified and is not overly reliant on any single customer or end market. Firms that can sell in lower volumes to a broader base of customers also don't have to make the ...