Chewy Stock: Buy, Sell, or Hold?
Pet e-commerce company (NYSE: CHWY) went public in 2019 and ended its first day of trading at about $35 per share. Considering it trades at around $18 today, I bet investors wish they had sold Chewy stock on day one.
In early 2021, Chewy stock traded at about $120 per share -- I'm sure investors wish they had sold then, too.
But when determining what to do with Chewy stock today, selling should be completely ruled out of the equation. This company has a lot going for it, and shareholders will want to hold on for the ride, at least. But there's good reason to buy as well, as I'll explain.
Source Fool.com
Chewy Inc Stock
€25.82
-0.350%
The stock is one of the favorites of our community with 38 Buy predictions and 4 Sell predictions.
With a target price of 29 € there is a slightly positive potential of 12.32% for Chewy Inc compared to the current price of 25.82 €.
