Purchase Details

Company: Chwey
Ticker:CHWY
Yahoo Beta:1.30
Industry:Internet retail

Company Description:  Chewy is an online retailer offering pet food and pet products.

Purchase Date:16 Apr 2020
Purchase Price:$45.00
  --Split Adjusted:$45.00
Shares Purchased:100
  --Split Adjusted:100
Transaction Fee:$0.00
Price Range (6 Months Prior):    
High$43.91
Date15 Apr 2020
Low$22.13
Date18 Nov 2019
S&P (Purchase Date):$2,386.13

Timing:  We bought at the six month high.
Reason:  Chewy is the top the top online pet product retailer. About two thirds of the company's revenue comes from its auto-ship subscription pet products, giving the company strong recurring revenue. We believe pet products will be relatively robust in a recession. The company's dollar retention rate is greater than 100%, indicating that customers appear to be satisfied with their experience. The company is profitable and its margins are expanding.

Total Spent:   $4,500.00