Inflation has taken a bite out of this e-commerce retailer's profits, but that doesn't mean investors should not consider buying Chewy stock.
Chewy (CHWY -3.27%) is an online pet retailer demonstrating excellent economies of scale. In this video, I will examine whether Chewy's stock is a buy.
*Stock prices used were the afternoon prices of Dec. 2, 2022. The video was published on Dec. 5, 2022.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chewy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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