Chewy Stock: Buy, Sell, or Hold?

If you have a dog, cat, goldfish or another type of pet, you may have heard of Chewy (NYSE: CHWY). The company is an online retailer of pet supplies -- but its goodies for pets and their owners don't stop here. Chewy also offers online vet visits, pet insurance, and items like food samplers so your dogs can choose their favorite flavors.

Chewy is delighting pets and their owners with all of this. But the company hasn't delighted investors in recent times. That's because the stock lost nearly 40% last year. And this year it's slipped 12%. That's even as the company recently became profitable and as revenue has climbed. So, you might be wondering what to do with Chewy stock right now. Should you buy, sell, or hold? Let's find out.

First, let's take a look at Chewy's progress over the past several years. The company has benefited as more and more people shop online. Chewy makes the whole process easy for shoppers -- for instance, it offers automatic shipping on their favorite products, even their pets' prescription drugs. And through the company's wide variety of offerings, such as telemedicine for pets, it keeps owners coming back for just about every pet-related need.

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Source Fool.com