Is Now the Right Time to Buy Chewy Stock?
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