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.

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Source Fool.com