Carnival and Chewy have both seen success in recent times. Carnival, the world’s largest cruise operator, has experienced a notable turnaround, with record revenue of $6.3 billion and strong customer deposits. Chewy, an e-commerce pet supplies giant, has also seen revenue climb, reaching $3.1 billion in sales. While both companies offer strong long-term outlooks, Chewy’s debt-free status and loyal customer base make it a favorable choice. With Carnival trading at a 15x forward earnings estimate and Chewy at a 29x multiple, the decision comes down to debt levels, with Chewy emerging as the preferred option for investors.
Read more at Nasdaq: Best Stock to Buy Right Now: Carnival vs. Chewy