CHWY - Down But Not Out - Why Chewy Could Be Dirt Cheap
2024-03-22 12:08:11 ET
Summary
- Chewy Inc. is an online store for pet products, aiming to capitalize on the growing pet industry.
- The company has a strong market share and is benefiting from the trend of subscription-based selling.
- Despite recent challenges and uncertainties, Chewy presents a compelling investment opportunity with significant upside potential.
Introduction
After covering a wide range of macro and income-focused articles, I wanted to take a detour to focus on a company that I have never discussed before.
As the title of this article already gave away, that company is Chewy Inc. ( CHWY ) .
I've had this company on my radar for a while. As the company just released its earnings, this is a fantastic time to dive into a stock that may be one of the most undervalued stocks on my radar....
Down But Not Out - Why Chewy Could Be Dirt Cheap