Ramish Cheema
2 min read
In This Article:
We recently published a list of Jim Cramer Wants US To Be “As Good As” Europe & Discusses These 12 Stocks. In this article, we are going to take a look at where Chewy, Inc. (NYSE:CHWY) stands against other stocks that Jim Cramer discusses.
Chewy, Inc. (NYSE:CHWY) is an American eCommerce company that deals in pet products. Its product base and customers make the firm primarily a discretionary firm that performs well when consumers can spend freely. Chewy, Inc. (NYSE:CHWY)’s shares are up by 23% year-to-date despite suffering from an 11% drop in June. The stock dipped after the firm’s first-quarter results disappointed investors on the cost and guidance fronts. Chewy, Inc. (NYSE:CHWY)’s fiscal 2025 revenue guidance sat at a midpoint of $12.375 billion while analysts had penciled in $12.42 billion. Higher costs were reflected through an annual 0.1 percentage point drop in gross margins to 29.6%. Here’s what Cramer said:
“At 19 he [CEO] called the bottom on the show. The stock has had a big run. I mean I find Amazon cheaper now, what can I say? Get the stuff from Amazon.
A close-up shot of a store shelf stocked with pet food and supplies.
Nvidia here refers to Cramer’s dog and not the AI chip company. In his previous comments about Chewy, Inc. (NYSE:CHWY), the CNBC host commented:
“Now, two companies give us earnings of interest on Wednesday. Before the bell, we hear from Chewy, the online pet food retailer, which offers a lot of accoutrements that pet owners love. It’s been a real winner. By the way, this CEO called the bottom on our show. I thought it was pretty great. I’m going to, I think you can continue to win.”
While we acknowledge the potential of CHWY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
