Bullish Case: CHWY's pet care market is robust, with trustable brand perception and strategic expansions like veterinary telehealth hinting at growth despite competition.


Bearish Case: CHWY battles significant competition, recent stock underperformance, and a forecast for stagnant customer base growth amid economic pressures.


Potential Outcomes:

1) 55% CHWY's brand strength and expansion leads to growth,

2) 40% economic headwinds and competition curb performance,

3) 5% unforeseen events shift trends.


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April 10, 2024


Chewy Forecast

CHWY        Chewy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CHWY



PACB Forecast + Options Trading Strategies   [PACB]  Pacific Biosciences of California (0.92)


HIMX Forecast + Options Trading Strategies   [HIMX]  Himax (0.91)


PTON Forecast + Options Trading Strategies   [PTON]  Peloton Interactive (0.91)


LEG Forecast + Options Trading Strategies   [LEG]  Leggett & Platt (0.9)


WOLF Forecast + Options Trading Strategies   [WOLF]  Wolfspeed (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to CHWY



VIPS Forecast + Options Trading Strategies   [VIPS]  Vipshop (-0.0)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (-0.01)


BCS Forecast + Options Trading Strategies   [BCS]  Barclays (-0.01)


VNQ Forecast + Options Trading Strategies   [VNQ]  Vanguard Real Estate Index (0.01)


EH Forecast + Options Trading Strategies   [EH]  EHang Holdings Ltd - (-0.02)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CHWY



FRO Forecast + Options Trading Strategies   [FRO]  Frontline (-0.86)


LBRT Forecast + Options Trading Strategies   [LBRT]  Liberty Oilfield Services (-0.87)


SFM Forecast + Options Trading Strategies   [SFM]  Sprouts Farmers Market (-0.87)


MTRX Forecast + Options Trading Strategies   [MTRX]  Matrix Service (-0.88)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.89)





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