May. 15 at 8:08 PM
$CHWY Everyone talks about NVDA, PLTR, quantum, AI, whatever the flavor of the week is…meanwhile CHWY is sitting here quietly printing cash with an actually loyal customer base.
A few things I can’t stop looking at:
People literally cut their own spending before cutting pet spending.
Autoship is insanely sticky.
Pet healthcare/vet expansion could massively improve margins over time.
Ryan Cohen legacy ticker still has meme DNA.
Short interest is still meaningful enough for volatility.
Market is pricing this like a dying retailer instead of a subscription-heavy pet ecosystem.
And the funniest part?
The company is actually profitable now!
Feels like the market got bored because it stopped being a “pandemic hypergrowth” story, but if they compound steadily + expand healthcare, this could rerate hard.
Not saying it’s going to 10x tomorrow.
Just saying CHWY at current sentiment feels weirdly disconnected from the actual business.
Anyone else watching this one closely?
