|Bid||18.12 x 2200|
|Ask||18.23 x 1200|
|Day's range||17.85 - 18.33|
|52-week range||17.85 - 52.88|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||152.42|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The stock market has had plenty of great trading days in 2023, but the volatility of the 2022 stock market has persisted. The business of a pet store isn't new in and of itself, but Chewy's unique approach to the modern iteration of this model is driving consistent revenue growth and profits. For one, Chewy is a 100% online business.
While growth stocks have been among the hardest hit in a notably volatile market, many of these companies remain popular choices with long-term investors. Not all growth stocks are created equal, and share price alone -- either one that has shot up or contracted in the current market -- shouldn't induce you to buy or sell. Airbnb (NASDAQ: ABNB) has built a business around the ever-shifting nature of travel.
Prices and profit margins are under pressure in 2023 as customer traffic has slowed. Not only are these sales far more profitable for Nike, but they also allow the company to maintain a closer connection to its fans. Nike is not struggling right now, either.