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This Hot Growth Stock Has Jumped 160% in 2020, but It Could Explode Higher

TheMotleyFool

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This Hot Growth Stock Has Jumped 160% in 2020, but It Could Explode Higher

Chewy (NYSE: CHWY) has turned out to be a hot growth stock in 2020 thanks to the coronavirus pandemic that accelerated the shift toward online shopping for pet products. The online pet retailer's top-line growth took off nicely as people stayed at home on account of lockdowns and shelter-in-place orders.