Jim Cramer Wants US To Be “As Good As” Europe & Discusses These 12 Stocks

3. Chewy, Inc. (NYSE:CHWY)

Number of Hedge Fund Holders In Q1 2025: 55

Chewy, Inc. (NYSE:CHWY) is an American eCommerce company that deals in pet products. Its product base and customers make the firm primarily a discretionary firm that performs well when consumers can spend freely. Chewy, Inc. (NYSE:CHWY)’s shares are up by 23% year-to-date despite suffering from an 11% drop in June. The stock dipped after the firm’s first-quarter results disappointed investors on the cost and guidance fronts. Chewy, Inc. (NYSE:CHWY)’s fiscal 2025 revenue guidance sat at a midpoint of $12.375 billion while analysts had penciled in $12.42 billion. Higher costs were reflected through an annual 0.1 percentage point drop in gross margins to 29.6%. Here’s what Cramer said:

“At 19 he [CEO] called the bottom on the show. The stock has had a big run. I mean I find Amazon cheaper now, what can I say? Get the stuff from Amazon.

“Well I just think, look he’s done a remarkable job.

“I would ask him frankly about Nvidia. And how I fed Nvidia using Chewy.”

Nvidia here refers to Cramer’s dog and not the AI chip company. In his previous comments about Chewy, Inc. (NYSE:CHWY), the CNBC host commented:

“Now, two companies give us earnings of interest on Wednesday. Before the bell, we hear from Chewy, the online pet food retailer, which offers a lot of accoutrements that pet owners love. It’s been a real winner. By the way, this CEO called the bottom on our show. I thought it was pretty great. I’m going to, I think you can continue to win.”