Chewy, Inc. (NYSE: CHWY)

Chewy, Inc. (NYSE: CHWY) provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications. It offers approximately 60,000 products from 2,000 partner brands. 

The Covid-19 pandemic has triggered a massive shift toward online buying of staples such as pet supplies, and Chewy has seen significant sales growth in 2020 as a result.

The company has seen a recent slip in its share price attributable to a potential dip in investor confidence following the sale of shares by the company’s CEO.

But this is a company with solid fundamentals, a proven business model and impressive revenue growth that should prove to be an attractive option for investors for many months to come.