This Is Chewy's Biggest Opportunity, and It Could Translate to a Massive Win for Investors. Time to Buy the Stock?
CHWYChewy(CHWY) The Motley Fool·2024-03-31 19:13

Pet e-commerce firm Chewy (CHWY 1.66%) has had a difficult start to 2024 with the stock losing about a third of its value so far this year. One of the biggest reasons behind this is that the company forecast overall pet industry growth to be modest this year and did not expect any big benefit from price increases. However, the company still has a massive opportunity in front of it that investors may be ignoring. So is now the time to buy the stock? A nice recurring business model One of the first things to ...