Why You Should Be Gobbling Up Chewy Shares

Online pet supply specialist Chewy (NYSE: CHWY) report third-quarter earnings earlier this week, and the results easily topped expectations on numerous fronts. Investors weren't quite sure how to parse the figures, with shares briefly touching record highs in volatile trading on Wednesday. Demand for pet products, particularly on e-commerce platforms, has soared during the COVID-19 pandemic.

Despite the volatility, here's why long-term investors should be gobbling up Chewy shares.

Image source: Getty Images.

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Source Fool.com