Which of these e-commerce stocks has a brighter future? Amazon (AMZN -0.64%) and Chewy (CHWY 0.24%) represent two different ways to invest in the ecommerce sector. Amazon is the world's largest e-commerce company and Chewy operates a smaller online marketplace for pet products. Chewy was spun off from PetSmart and went public in 2019, but it's only risen 36% from its IPO price of $22 and trades 75% below its all-time high. Amazon's stock has rallied 118% over the past five years and is hovering close to its ...

Most of our top stock picks of 2024 built on gains or cut into deficits for the third quarter Subscribers to Chart of the Week received this commentary on Sunday, September 29. It feels like just yesterday we were unveiling Schaeffer's Top Stock Picks of 2024, and now, with the fourth quarter already upon us, we're in the home stretch of the year. The third quarter was replete with broad market tech corrections, a seismic political paradigm shift, and a sharp V-rally from equities that rejected general stoc ...

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A significant shareholding is being unloaded to the public. Many investors were unwilling to take a bite of Chewy (CHWY -4.34%) on the last trading day of the week. The next-generation pet care supplies company saw its stock price erode by more than 4% on news of a largescale divestment by its largest shareholder. Chewy's decline on the day was far more pronounced than that of the bellwether S&P 500 index, which slid by only 0.2%. A big sale at a discount After market close on Thursday, Chewy announced that ...

The retail sector is staging a solid comeback as inflationary pressures ease. The sector struggled for months, crippled by sky-high inflation and higher borrowing costs. The jump in August retail sales proves that the U.S. economy is on solid ground. The retail sector is expected to get a further boost as the Fed gears up to announce its rate cut today, the first since March 2020. Given this scenario, investing in retail stocks would be a prudent choice. We have narrowed our search to four retail stocks suc ...

Why Chewy's stock is a must-buy. This year has been a rollercoaster ride for Chewy (CHWY -1.84%). The stock started the year on a downward trajectory after management said that pet industry spending for 2024 would be lower than historical levels. The stock then got a lift in late May when it reported solid first-quarter sales results. Later in the summer, the stock shot higher when Keith Gill, aka Roaring Kitty on the Wallstreetbets message boards of Reddit, posted a photo of a cartoon dog on his X (formerl ...

Chalabala/iStock via Getty Images Chewy (NYSE: CHWY) reported better than expected earnings for the second fiscal quarter at the end of August that went hand in hand with strong EBBTDA margins and a favorable customer monetization trend. Shares of Chevy have also revalued sharply higher in FY 2024 as the company's business fundamentals are improving and a meme investor took a position in the pet supply o-Commerce platform. I believe the value proposition is still attractive here for long term investors, des ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

These beaten-down stocks could deliver excellent returns to investors. While tech-related stocks have helped the S&P 500 index to new highs this year, investors have a chance to scoop up attractive deals in the retail sector. Several top retail stocks are trading well off their highs, and Wall Street analysts are starting to see buying opportunities. Let's look at two beaten-down consumer brands that could be undervalued and due for a major comeback, according to these analysts. 1. Chewy Chewy (CHWY 1.66%) ...

Core Viewpoint - Chewy's stock is experiencing a positive trend following favorable analyst reports and a better-than-expected earnings report, indicating a potential recovery in the pet e-commerce sector after a downturn post-pandemic [1][2][4]. Group 1: Analyst Sentiment - Several Wall Street analysts have issued bullish notes on Chewy, contributing to a 16.6% increase in stock price after the company's second-quarter earnings report [1]. - Goldman Sachs reiterated a buy rating with a price target of $35, citing improvements in active customer trends and internal initiatives expected to drive revenue growth [3]. - Morgan Stanley noted an increased probability of Chewy's stock doubling due to improved profit margins, while Barclays expressed optimism after meeting with management, highlighting revenue growth and margin expansion [4]. Group 2: Financial Performance - Chewy's revenue rose by 2.6% in the second quarter, but adjusted EBITDA surged by 155%, indicating strong profit performance despite sluggish revenue growth [5]. - The company needs to accelerate revenue growth to sustain the upward momentum in stock price [5]. Group 3: Industry Context - The pet sector, including Chewy, is showing signs of recovery after a significant downturn following the pandemic-driven boom in pet adoptions [2][4]. - Rival Petco has also seen stock gains due to a newly introduced turnaround plan, suggesting a broader recovery trend among pet stocks [4].