Chewy: Look For Profit Expansion In 2024

Bloomberg/Bloomberg via Getty Images With the S&P 500 recently crossing the psychologically significant 5,000 threshold, it's a great time for investors to hit the brakes and consider how to manage our portfolios for the balance of 2024. In my perspective, it's an excellent time to put a heavy bias on value stocks that have room to see multiples expansion in 2024. Chewy (NYSE:CHWY), in my view, is a prime candidate here. Amid a tech sector that has seen sweeping gains since the start of November, e-comm ...