2 Unstoppable Growth Stocks Down 35% and 16% to Buy Right Now
Great stocks can persist through economic thick and thin, but investor sentiment is often volatile. While the cyclicality of the market and investor whims can affect a stock's price in either direction, looking at the underlying business can help you determine whether it fits with your investment thesis and is a wise addition to your portfolio.
If you're on the hunt for stocks trading on sale to add to your portfolio, here are two names to consider the next time you go stock shopping.
(NYSE: CHWY) is trading down about 35% from its position one year ago, although shares have gained approximately 14% from the start of the year. That is a year-to-date return that is broadly in line with the S 500's performance in that same time frame.
Source Fool.com
Chewy Inc Stock
With 41 Buy predictions and 4 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 28 € shows a slightly positive potential of 17.33% compared to the current price of 23.87 € for Chewy Inc.
