1 Hyper Growth Stock Down 84% That You Don't Want to Miss

By Travis Hoium – Jan 14, 2024 at 11:01AM

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 stock is down, but the company is doing better than ever.

Chewy (CHWY 2.99%) has fallen 84% from its pandemic peak, but the business is doing better than ever. Operations are now profitable and customers are spending more on Chewy than ever.

In this video, Travis Hoium covers some of Chewy's challenges and why this could be a great recovery stock long term.

*Stock prices used were end-of-day prices of Jan. 12, 2024. The video was published on Jan. 13, 2024.

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Chewy. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.