Stocks expected to have increasing option volume: PARA WBD DIS CHWY GME
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- Chip stocks plunge, but bargain-hunters limit scale of tech rout
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William Blair Reiterates Outperform Rating on Chewy Inc. (CHWY)
July 2, 2024 7:49 AM EDTWilliam Blair analyst Dylan Carden reiterated an Outperform rating on Chewy Inc. (NYSE: CHWY).
The analyst comments "First, we clearly agree with Gill. Chewy remains our top pick this year because we believe valuation reflects an irrational belief that active customer growth is stalled, with underlying value of longer-term free cash flow being overly discounted in the process. Looking at valuation, at $32.50 in pre-market, shares are trading just above 1 times 2025 sales and18.5 times our initial out-year free cash... More
