Is Freshpet Stock a Buy?

Is Freshpet Stock a Buy?
Jeremy Bowman, The Motley Fool
·4 min read

The pandemic has also been kind to pet product companies like Freshpet as pet adoptions spiked early in the pandemic. The pet product industry is recession-proof, and spending on at-home activities like pets has generally gone up during the crisis. As the chart below shows, Freshpet has actually underperformed peers like Chewy and Trupanion, even as the stock has more than doubled over the last year.