Should Investors Buy Chewy Stock Before May 29? | CHWY Stock Analysis
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- Опубликовано: 12 май 2024
- Chewy management is not optimistic about the industry outlook in 2024.
Fool.com contributor and finance professor Parkev Tatevosian previews what investors can expect from Chewy on May 29.
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I’m excited about this one as I love my pets and I own quite a bit of CHWY T a much higher price. Thank u Parkev
Thanks! Parkev ,
I think 🤔 the whole argument against buying Chewy due to the slowdown since the pandemic & people returning their Pets .
Since then the Stock is down drastically & it gave me a chance to buy a great long term trend growth stock I’m going to hold for at least 10 years . I’m in 1000 shares around 16 dollars
My personal Top Five holdings currently are
1) Palantir , 2) UiPath 3) IBIT 4, Cava , 5 ) SoFi .
Also long many others Stne , Atai , Recursion, Snap , Open , WBD , Curaleaf ,
Nu , tlry , Exscientia
Forgot also have nice position in
Grab & Draftkings
Thanks. Nice growth stock portfolio.
Thanks for that video, just what i needed! Waiting for your video about StoneCo which dropped after StoneCo (STNE) Misses Q1 EPS by 2c
Noted.
As usual, an interesting analysis of an interesting company. Thank you very much for the work done.
Outstanding, as usual
Thanks again!
Thanks for giving us something to, uhm, chew on, Professor. Seems as if it's better to wait till next year before taking a bite.
Thank you.
Welcome!
I got burned on this stock earlier in the year, then missed the bottom because I was busy adding to other positions. I may start a small new position, though, assuming I'm out of the wash sale window like I think I am.
One interesting anecdote is that I saw somebody complaining on social media a couple months ago about how Chewy had gotten into the habit of delivering an overly large bag of food to them which, in addition to being very heavy for the purposes of carrying inside, had broken open in the rain after their last delivery and made a huge mess that was very difficult to clean up. A couple other people chimed in and agreed that was an issue they were having with Chewy, and that they might cancel their subscription. It's only one anecdotal observation, but I wonder if they've fixed that.
Autoship sales grew by “300 basis points”? Yo bro just say 3%, it’s still positive data
I mean the Chewy management
Why do you think the short interest is so high?