Safety is boring—but boring can be the smartest play when markets are stretched thin. With the S&P 500 trading near record highs and the Federal Reserve cutting rates, investors should reconsider the assumption that this cycle will play out like the last.
Chewy (CHWY 4.52%) is the type of stock the market doesn't pay nearly enough attention to because it's in a category that doesn't grab headlines. The company isn't chasing some cutting-edge technology like artificial intelligence (AI) or quantum computing, it's selling pet food and supplies.
Popular pet supply retailer Chewy (CHWY -0.60%) is betting that market share and customer loyalty will pay off in the long run, even as short-term earnings dip. As the company matures, its strategy has shifted from rapid growth to nurturing loyalty and recurring purchases.
If you're interested in stocks that depend on the consumer, you have a wide range of choices, from travel and entertainment to e-commerce and food and beverages. And that's just to name a few.
Shares of leading pet goods e-commerce juggernaut Chewy (CHWY -0.57%) are up 11% this week as of 1 p.m. ET on Friday, according to data provided by S&P Global Market Intelligence.
Despite its stock price already doubling since 2024, leading online pet goods retailer Chewy (CHWY 0.05%) remains one of my favorite stocks to buy right now.
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