Chewy: Fundamentals Continue To Get Better
Following my coverage on Chewy, Inc. (NYSE: CHWY ) in January this year, in which I recommended a buy rating as I still saw upside to the share price given the solid performance and demand momentum, this post is toI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn ...