Shares of leading pet e-commerce behemoth Chewy (CHWY 5.58%) were up 5% as of 12:45 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence.Following five separate price target increases from analysts in December, Chewy received its first upgrade of the new year from Wolfe Research, which named the stock one of its top picks for 2025.Does Chewy still have room to run?Despite Chewy's stock already doubling from its 2024 lows, Wolfe Research (and I) believe the best is yet to come. The ...

Chewy Inc (NYSE:CHWY) stock is 1.1% higher in pre-market trading, following a bull note at Wolfe Research. The analyst upgraded shares of the online pet retailer to "outperform" from "peer perform" and named it a top pick, citing potential for revenue and margin growth, as well as robust valuation. Over the last nine months, CHWY is up nearly 107% and boasts a 62.2% year-over-year lead. The equity has moved steadily higher since suffering an early November bear gap, working its way back towards its June 27, ...

Ex-hedge fund analyst with a strong interest in finding winners and losers in industries where corporate strategy matters most. I focus on analysing the market structure, competitive positioning and strategic catalysts that lead to money-making ideas in varying time horizons. Enjoy reading the research!Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase ...

PLANTATION, FLORIDA - JUNE 01: Exterior view of the Chewy Inc.’s headquarters building on June 01, ... [+] 2023 in Plantation, Florida. (Photo by Joe Raedle/Getty Images)Getty ImagesChewy’s stock (NYSE: CHWY) has experienced a notable 47% surge in the last year to around $32 (Dec 18), garnering significant investor attention. Chewy’s stock has plummeted 73% from its February 2021 peak of approximately $120 and currently trades at a level lower than its June 2019 initial public offering price ($35). The pand ...

Tractor Supply Company (TSCO) has announced the nationwide expansion of Stella & Chewy's product offerings at its Petsense by Tractor Supply stores yesterday. The expanded selection includes freeze-dried raw patties, meal mixers, kibble and raw-inspired nutrition solutions for dogs and cats, catering to the rising demand for premium, natural pet food.To celebrate the launch and encourage customers to engage in the product trial, the company offers a 20% discount on all Stella & Chewy’s freeze-dried raw dog ...

Chewy Inc. (CHWY) has surged an impressive 36.5% year to date, capturing the attention of investors. With this strong run on the bourses, many are wondering whether Chewy stock still has room to run or if it is time to take profits. With its continued dominance in the pet care space and ambitious expansion plans, Chewy presents opportunities and potential risks. As investors look for their next best move, evaluating whether this rally is sustainable or if the stock is primed for a pullback is important.Whil ...

It's not easy to find compelling values on the stock market in normal times -- and these are anything but normal times. The S&P 500 is on track to finish its second consecutive year of 20%-plus gains, ensuring that most popular stocks are already trading near all-time highs.Discounts are available, though, for investors willing to look outside of Wall Street's favorite sectors in the tech and artificial intelligence (AI) industries. With that goal in mind, let's take a look at two stocks that seem unusually ...

Key TakeawaysA firm affiliated with Chewy's biggest shareholder is selling off $500 million in stock.The company said it would also buy $50 million worth of those shares, and cancel and retire them.The $50 million purchase is being executed separately from its current share repurchase program begun in May. Online pet supplies retailer Chewy (CHWY) announced that a firm connected to its biggest shareholder was selling off half a billion dollars in stock. The company said that Buddy Chester Sub LLC, an entity ...

I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.I last wrote on Chewy (NYSE: CHWY ) in October, where I had upgraded the stock from a "sell" to a "buy" as I believed its fundamentals were improving from rigorous cost management and targeted investments. However, I decided to remainAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment ...

Chewy (CHWY -7.17%) stock took another hit on Thursday, a day after getting dinged by investors reacting to the company's third-quarter earnings report. While there was no direct news of note from the company, one analyst tracking its shares downgraded his recommendation. The result was that Chewy's share price fell by 6% across the trading session, a notably steeper decline than the S&P 500 index's 0.2% drop.Rover has not earned a treatWell before market open that day, Exane BNP Paribas' Chris Bottiglieri ...