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TD Cowen Names Chewy Top Smid-Cap Stock Idea for 2026

The Chewy Conundrum: Can a Pet Retailer Really Deliver? Chewy, Inc. (NYSE:CHWY) has been named one of TD Cowen's top investment picks for 2026 by analyst William Kerr.

With its veterinary care partnerships and expanding advertising business, Chewy appears to be well positioned for growth.

However, beneath the surface lies a more complex story – one that raises questions about the viability of investing in a company reliant on the pet industry's expansion.

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