Could This $24.23 Stock Be Your Ticket to Millionaire Status? (Spoiler: Yes, It Could)

Its stock is down, making its price more attractive.

If you’re looking to add a potentially powerful grower to your long-term stock portfolio, I’ve got a stock, recently trading for $24.23 per share, to suggest: Chewy (CHWY 0.25%), the retailer specializing in products and services for pets.

Image source: Getty Images.

If you look at its recent stock performance, though, it’s not encouraging:

Time Period

Average Annual Return

Past 1 year

(35.31%)

Past 3 years

(18.64%)

Past 5 years

(27.19%)

Source: Data from Morningstar.com as of Feb. 12, 2026.

Yikes, right? But remember — as investors, we need to be looking forward, not back. We need to be thinking about how the company will perform from here on out. After all, if it sported a track record of double-digit gains, we couldn’t be sure that they would continue.

Chewy Stock Quote

Today’s Change

(-0.25%) $-0.06

Current Price

$24.23

Here’s how Chewy (and, most likely, your other investments) could make you a millionaire:

Growing at 8% For

$12,000 Invested Annually

5 years

$70,399

10 years

$173,839

15 years

$325,825

20 years

$549,144

25 years

$877,271

30 years

$1,359,399

35 years

$2,067,802

40 years

$3,108,678

Calculations by author via Investor.gov.

Here’s why Chewy seems a promising proposition:

  • It’s growing: Its third-quarter results featured revenue up 8.3% year over year and gross profit margins rising by half a percentage point.
  • It’s finding great success with its Autoship service, which results in fairly reliable revenue and recently accounted for a whopping 84% of revenue!
  • Net sales per active customer have been inching up in recent years.
  • Its stock seems reasonably priced, too, with a recent forward-looking price-to-earnings (P/E) ratio of 24 well below its five-year average of 73, and a recent price-to-sales ratio of 0.82, well below its five-year average of 1.35.

It does face risks, such as competition from Amazon and Walmart, but it’s grown despite them. And its customers are especially loyal to Chewy.

I wouldn’t count on Chewy alone to carry you to millionaire status, but it could certainly be one of the growth stocks and/or growth funds that does.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Better Growth Stock: Nu Holdings vs. SoFi Technologies

Both of these fintech enterprises are finding monster success. Investing at the crossroads of financial services and technology can introduce some exciting opportunities. This is precisely the case with digital banks like SoFi Technologies (SOFI +1.55%) and Nu Holdings (NU 1.29%). The former’s shares have surged 261% in the past three years (as of Feb.

US Stock Market Today S&P 500 Futures Climb On Cooling Inflation And Yields

The Morning Bull – US Market Morning Update Monday, Feb, 16 2026 US stock futures are pointing higher this morning, with key contracts on the S&P 500 and Nasdaq up around 0.3% to 0.4%, as investors react to cooler inflation and falling bond yields. Headline US inflation is at 2.4% and core inflation, which strips

The AI Stock That Could Turn the Tables on the “Magnificent Seven”

This company is seeing revenue climb in the double digits. The Magnificent Seven isn’t just a 1960 Western. In recent times, it refers to seven technology giants that have powered the S&P 500 index’s gains. The group is made up of: Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla. Most, if not all, of

Prediction: Micron’s Stock Could Reach $1,200 by the End of 2026

Micron Technology had an incredible run in 2025, but it’s just getting started. The market for artificial intelligence (AI) processors saw Nvidia become the world’s most valuable company, with its market cap even exceeding $5 trillion briefly in late 2025. But I think the next stage of the AI boom will benefit memory companies the

Prediction: These 3 Stocks Will Crush the Market in 2026

These stocks all have catalysts on the way that could provide great news for investors. I’ll readily admit that I don’t know how the stock market will perform in 2026. It could continue to climb. On the other hand, the momentum from last year could evaporate. However, I think the individual stocks that outperform the

Why the ‘AI scare trade’ might not be done

New York  —  A sell-off rippled through software, real estate and trucking stocks this past week as investors worried artificial intelligence could upend some industries — and analysts say the white-knuckle drops might not be over yet. Software stocks bore the initial brunt of AI disruption nerves. But those fears soon spread to insurance companies,

How to Invest Amid AI Volatility: JPMorgan Shares Where to Hide Out

If you’re looking for a place to hide out in the stock market as AI continues to disrupt industry after industry, JPMorgan Asset Management says to look to the quality factor. “Quality” in this case isn’t a general term of approval. Quality stocks are those with strong and consistent cash flow and earnings, experienced management

Be ready for a violent stock market crash

Image source: Getty Images The stock market’s performed well recently. And looking ahead, most experts expect the good times to continue, given that economic growth is solid and artificial intelligence (AI) is enhancing productivity. However, there’s an issue on the horizon that’s starting to concern me. I’m worried that this could be the catalyst for

What To Expect From Genuine Parts’s (GPC) Q4 Earnings

Auto and industrial parts retailer Genuine Parts (NYSE:GPC) will be reporting earnings this Tuesday before the bell. Here’s what to look for. Genuine Parts beat analysts’ revenue expectations by 2.2% last quarter, reporting revenues of $6.26 billion, up 4.9% year on year. It was a satisfactory quarter for the company, with a solid beat of

Apple Stock Is Interesting, but Here’s What I’d Buy Instead

Apple stock has posted respectable gains on the market over the past six months, but its supplier partner has been a better investment. Shares of tech giant Apple (AAPL 2.20%) have clocked respectable gains of 11.6% on the market in the past six months, outpacing the 5.8% jump in the S&P 500 index over the

Prediction: The Trump Bull Market Will Soon Be Derailed, With This Historically Insurmountable Headwind Being the Culprit

Wall Street’s preeminent valuation yardstick offers a worrisome tale for investors. From an investment standpoint, Wall Street is a fan of Donald Trump in the White House. During President Trump’s first term in office, the mature stock-driven Dow Jones Industrial Average (^DJI +0.10%), benchmark S&P 500 (^GSPC +0.05%), and innovation-fueled Nasdaq Composite (^IXIC 0.22%) gained

The 1 Stock I’d Buy Before Interactive Brokers Group Right Now

Key Points Robinhood doubled its revenue amid new product offerings, strong demand for existing options, and more customers joining the platform. This winning combination is supported by soaring profit margins, demonstrating sustainable growth. Prediction markets are a hot segment for Robinhood that can become a sizable part of the business in a few years. Global

Forget Tariffs! Earnings Quality Is a Far More Sinister Worry for Wall Street.

Though President Donald Trump’s tariff and trade policy may garner the headlines, something more fundamental is at risk of derailing this high-flying stock market. The third year of Wall Street’s bull market rally didn’t disappoint. When the curtain closed last year, the S&P 500 (^GSPC +0.05%) had risen 16%, marking its third consecutive year of

0
Would love your thoughts, please comment.x
()
x