Spending is shifting online and the trend may continue to benefit e-commerce companies beyond the pandemic.
As the pandemic shows no signs of subsiding, customers are opting to make their purchases without setting foot in stores.
It was inevitable, but is it a smart way to invest? New ETFs that focus on companies that will benefit from the health and economic crises are loading up on already-pricey dotcom and biotech shares.
Is (CHWY) Outperforming Other Consumer Staples Stocks This Year?
Encouraging first-quarter guidance sent the stock flying, but analyst downgrades brought shares back down before April ended.
The Zacks Analyst Blog Highlights: Osisko Gold Royalties, Chewy, VeriSign, AXT and Universal Technical Institute
Chewy Announces Fiscal First Quarter 2020 Financial Results Conference Call
Among the breakout stocks during the COVID-19 pandemic, Chewy.com (NYSE: CHWY) has been a unique case. Shares of the online pet products seller are up 35% year-to-date, compared with a 9% loss for the S&P 500, and it's clear why the stock has been flying higher.
Top Ranked Momentum Stocks to Buy for April 23rd
The Zacks Analyst Blog Highlights: Dropbox, Costco Wholesale, Chewy, Netflix and Nintendo
As of late, it has definitely been a great time to be an investor in Chewy.
Strict social distancing norms have pushed demand for stay-at-home stocks. Here are five winners.
Jefferies analyst Brent Thill raised Amazon's price target to a street-high of $2,800 from $2,300, citing the "attractive growth-adjusted valuation and upside to forward profit estimates." Thill joined The Final Round to discuss his note, and why he sees the coronavirus-related demand surge creating long-term operating income upside at high-margin businesses.
In the latest trading session, Chewy (CHWY) closed at $39.45, marking a -1.5% move from the previous day.
DraftKings Inc. is becoming a public company as part of a previously announced merger agreement. The deal also brings in another gambling tech firm under the Boston-based sports gaming and online betting company’s umbrella. DraftKings’ shares of Class A common stock are set to start trading on the Nasdaq Global Select Market under the ticker symbol “DKNG."
Whether your watchlist takes up a couple of lines or several pages, these stocks warrant a place on it.
Is (CHWY) Outperforming Other Consumer Staples Stocks This Year?
The S&P 500 has taken a beating in 2020 in the wake of the novel coronavirus pandemic, which has stalled businesses and economies around the world. Chewy (NYSE: CHWY) and Glu Mobile (NASDAQ: GLUU) are two such companies resisting the economic downturn brought about by the novel coronavirus. While Chewy plies its trade in a lucrative niche that has a proven record of beating past recessions, Glu gives its users a way to keep themselves entertained as they stay at home.
Five stocks that are likely to benefit from the boom in online delivery lead by the lockdowns imposed due to coronavirus widespread.
Top Ranked Momentum Stocks to Buy for April 29th