2 Growth Stock Bargains You'll Regret Not Buying
There is a high correlation between revenue growth and a stock's return over many years. When shares of high-growth companies fall sharply amid a broad market sell-off, the markets are handing investors an enormous financial gift that will only manifest itself a decade or two down the road.
Two companies in the early stages of growth are (NYSE: CHWY) and Dutch Bros (NYSE: BROS). These stocks are trading well off their highs, which makes now a good time to buy.
Investors looking for a stock that could rocket higher over the next decade should look no further than Chewy, a leading e-commerce pet care company. Online pet care was estimated at $97 billion last year and expected to grow about 10% per year. Chewy already has a large base of 20 million customers and a record of consistent above-average revenue growth.
Source Fool.com
Chewy Inc Stock
The stock is one of the favorites of our community with 40 Buy predictions and 4 Sell predictions.
With a target price of 28 € there is a slightly positive potential of 15.2% for Chewy Inc compared to the current price of 24.31 €.
