Author: David Moadel

Some investors may be wondering if Chewy’s (NYSE:CHWY) stock will end up like Pets.com’s stock did in the 2000s. While Chewy stock is unlikely to follow a similar path, if you’re concerned that today’s market environment parallels the elevator-up feel of the dotcom bubble, perhaps it’s time to cash in. Pets.com may actually have been ahead of its time, as many people weren’t ready to buy their pet supplies online more than 20 years ago. However, people are used to buying almost anything and everything online today. As such, Chewy’s subscription-based business model capitalizes on online shoppers’ propensity to seek…