$Chewy, Inc.(CHWY)$ I am perplexed by how a simple picture of a dog by Roaring Kitty could precipitate a surge in Chewy's stock price. It appears that retail investors might be profoundly swayed by social media trends, which can catalyse considerable market fluctuations.

Disregarding the meme-driven aspect of this scenario, I am convinced that Chewy is an exemplary company. They offer a comprehensive array of petrol products, including food and toys, catering to a wide spectrum of pets such as cats and dogs. This extensive product range renders Chewy and indispensable resource for pet owners and animals aficionados alike.

Nonetheless, there are some critical considerations to keep in mind. Firstly, Chewy's stock does not distribute dividends, which may be a disadvantage for investors seeking regular income. Secondly, I contend that the stock is currently overvalued, indicating that its price may not accurately represent the company's intrinsic worth.