Pet e-commerce company Chewy (NYSE: CHWY) is well-loved by its customers, but investors have turned their noses up at the stock. The company went public in June 2019 at $22 per share, but the stock was recently trading around $17 per share. But its price-to-sales (P/S) valuation was also recently its lowest ever, at just 0.6. Along with the relatively low valuation, there are multiple reasons to consider Chewy for your long-term portfolio.
