Taking A Look At Chewy Inc. (CHWY)’s Future Potential Is Not A Fantasy

The fourth-quarter earnings for Chewy Inc. (CHWY) ended January 31, 2021, have exceeded expectations. However, Chewy Inc. (NYSE: CHWY) went down by -2.36% in Thursday’s trading session, a drop equivalent to -$2.0 from the previous market close. During the trading period, the shares touched a low of $81.65, but a high of $87.27. According to data provided by Barchart, CHWY closed at $84.71 last night, with a trading volume of 6.12 million.

China Can't Stop US$0.25 Stock from Mining Ultra-Rare Metal

Here's one little-known company — trading undiscovered below 25-cents per share — that's advancing one of the largest and highest quality REE deposits in all of North America... and the Chinese can't do a damn thing about it! It's early stage... and that's excellent news for individual investors like you who have the foresight to act decisively on an emerging megatrend that's already being measured in the Tens of $Billions.

Simply click here and the name & trading symbol are yours.


Chewy’s revenue in the fourth quarter increased 51 % YoY to $2.04, and its gross margin increased 25.5 %. Despite Wall Street’s expectations, earnings per share came in at $0.05. Despite losses of over $92.5 million at the end of the year, Chewy’s clientele increased by 43%.

Pet owners increased online consumer activity by a significant margin in 2020 when Chewy Inc. (CHWY) management celebrated an extremely successful year. This development was not a surprise to Chewy, which became the third-largest online pet store in the United States.

Moreover, self-isolation has motivated many Americans to buy more pets and dramatically increase their spending on existing ones. Additionally, they are expanding their business into new areas, including online veterinary consultations.

As a result, Chewy Inc.’s (CHWY) background remains favorable. Despite its BUY recommendation on CHWY, Wells Fargo set a target price of $ 140 before the quarterly report was published, suggesting substantial upside potential. According to Wells Fargo, Chewy’s online store is very popular and the CHWY stock’s customers are loyal. Since prices have dropped, this creates the possibility of an entry point.


Please enter your comment!
Please enter your name here