Chewy (CHWY +0.39%) stock has suffered in recent years, trading at a near 80% discount from its all-time high and almost 50% below its 52-week high. Nonetheless, Chewy has become a profitable business, and it has become increasingly apparent that the selling in the consumer discretionary stock is overdone. That may have made Chewy stock a buy for two reasons. 1. Chewy's continued sales growth Investors may recall that Chewy stock was flying high during the pandemic. Like other pandemic stocks, it sold off h ...