|Bid||42.77 x 900|
|Ask||43.00 x 800|
|Day's range||40.10 - 42.80|
|52-week range||20.62 - 47.55|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||09 Jun 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||40.55|
The S&P 500 has taken a beating in 2020 in the wake of the novel coronavirus pandemic, which has stalled businesses and economies around the world. Chewy (NYSE: CHWY) and Glu Mobile (NASDAQ: GLUU) are two such companies resisting the economic downturn brought about by the novel coronavirus. While Chewy plies its trade in a lucrative niche that has a proven record of beating past recessions, Glu gives its users a way to keep themselves entertained as they stay at home.
Among the breakout stocks during the COVID-19 pandemic, Chewy.com (NYSE: CHWY) has been a unique case. Shares of the online pet products seller are up 35% year-to-date, compared with a 9% loss for the S&P 500, and it's clear why the stock has been flying higher.
The Zacks Analyst Blog Highlights: Osisko Gold Royalties, Chewy, VeriSign, AXT and Universal Technical Institute
Chewy, Inc. (NYSE: CHWY) ("Chewy"), a trusted online destination for pets and pet parents, announced it is joining the Humane Society of the United States (HSUS) and donating $1 million to expand food support for people and pets living in underserved communities through the HSUS’s Pets for Life (PFL) and Rural Area Veterinary Services (RAVS) programs. Both programs serve pet parents and pet healthcare partners to ensure that families are able to keep their pets healthy at home rather than facing the difficult decision of surrendering their pet. This partnership is the latest in a series of relief efforts to which Chewy is contributing; totaling more than $4 million in pet products donated across the country.
Online delivery services have become the sole option for millions ordering essential goods, food and food products as they stay locked in their homes due to the COVID-19 outbreak.
Given the development in food delivery service industry and coronavirus-induced fears, these five stocks are likely to rally in the near future.
The deadly and rapidly spreading COVID-19 outbreak has been wreaking havoc on companies around the world. Nevertheless, some companies — including online pet product retailer Chewy — have emerged as winners amid the chaos.