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Is Now the Right Time to Buy Chewy Stock?

TheMotleyFool

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Is Now the Right Time to Buy Chewy Stock?: https://g.foolcdn.com/editorial/images/708582/dog-chewing-on-toy-bone.jpg

Online pet products retailer Chewy (NYSE: CHWY) has been a roller-coaster ride for investors since hitting the public market in the summer of 2019. Share prices rose from $35 to $120 in the first 20 months, but it has been all downhill from there. Chewy's stock is back right where it started three-and-a-half years ago.

This could be the beginning of a permanent downtrend -- or a fantastic time to pick up shares of this high-octane growth stock on the cheap. Are we looking at a buying window for Chewy's stock?

Let's find out.

Source Fool.com

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