4 Charts You Need to See Before Buying Petco
Pet ownership has been on the rise amid the pandemic. And for investors, a great way to tap into those growth opportunities has been to invest in Petco Health and Wellness (NASDAQ: WOOF). From supplying pet food to running veterinary hospitals, the company helps consumers keep their pets healthy.
But the growth stock has been struggling the past year, falling more than 19% while the S&P 500 has risen by a relatively steady 6%. Using four charts, I'll summarize where Petco's business is today, and whether it's a stock you should consider.
Source Fool.com
