Chewy Stock: Buy, Sell, or Hold?
Pet e-commerce company (NYSE: CHWY) went public in 2019 and ended its first day of trading at about $35 per share. Considering it trades at around $18 today, I bet investors wish they had sold Chewy stock on day one.
In early 2021, Chewy stock traded at about $120 per share -- I'm sure investors wish they had sold then, too.
But when determining what to do with Chewy stock today, selling should be completely ruled out of the equation. This company has a lot going for it, and shareholders will want to hold on for the ride, at least. But there's good reason to buy as well, as I'll explain.
Source Fool.com
Chewy Inc Stock
€14.78
0.320%
With 30 Buy predictions and 3 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 28 € shows a very positive potential of 89.5% compared to the current price of 14.78 € for Chewy Inc.
