Is Chewy a Buy After the Company Just Raised Its Guidance?

Shares of Chewy (NYSE: CHWY) were trading lower last week following the online pet products retailer's third-quarter results, despite the company increasing its full-year guidance. The stock has nonetheless had a solid 2024, trading up more than 33% as of this writing.Chewy's stock gained investor attention and saw a big jump in its share price earlier this year after Keith Gill, a k a Roaring Kitty on the WallStreetBets message boards of Reddit, revealed a large investment in the company. Gill has since taken his profits.Let's dig into Chewy's results to see if investors should buy the recent dip.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool