1 Super Growth Stock Down 79% to Buy Hand Over Fist for 2024

By Parkev Tatevosian, CFA – Jan 2, 2024 at 9:00AM

NYSE: CHWY

Chewy

Market Cap

$7B

Today's Change

(2.99%) $0.46

Current Price

$15.84

Price as of April 26, 2024, 4:00 p.m. ET

This growth stock is led by a capable management team that has demonstrated improvement in profitability.

Fool.com contributor Parkev Tatevosian elaborates on why he thinks this beaten-down growth stock makes an excellent investment for 2024.

*Stock prices used were the afternoon prices of Dec. 29, 2023. The video was published on Dec. 31, 2023.

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.