Has Wayfair's Stock Gotten Ahead of Itself?
Impressively, Wayfair's (NYSE: W) share price has more than doubled since the start of the year. The company has a history of strong revenue growth, and this continued in the first quarter, when its top line increased by nearly 20% year over year to $2.3 billion.
Even though investors are enthusiastically scooping up shares, there are reasons you should take a cautious approach before purchasing the stock.
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Source Fool.com
