The Ultimate Growth Stock to Buy With $1,000 Right Now - Crypto Edition

Forget traditional equities—the real growth engine's firing up in digital assets.

Why settle for 10% annual returns when crypto's rewriting the rulebook?

The $1,000 Opportunity

That grand isn't just sitting there—it's a launchpad. While Wall Street's still debating blockchain, early movers are stacking gains that make traditional stocks look like savings accounts.

Cutting Through the Noise

Ignore the 'experts' who still think crypto's a fringe experiment. Institutional adoption's accelerating faster than a DeFi flash loan—blackrock's ETF approvals alone prove the old guard's capitulating.

Timing the Wave

Market cycles wait for nobody. The next halving's already priced in—smart money's positioning before retail FOMO kicks in again. Remember last cycle's 20x moves? They weren't anomalies.

The Execution Play

DCA beats timing every time. Split that $1,000 across blue-chips and high-conviction alts. Stake everything—idle assets are leaving yield on the table.

Risks? Obviously. Volatility's the price of admission. But compared to traditional finance's 'safe' 2% bonds? Please—that's just slow-motion financial suicide.

Final thought: In five years, you won't regret buying crypto. You'll regret not buying enough.

Image source: Getty Images.

A big market opportunity

Chewy offers pet products, supplies, and prescriptions online. It provides customers with competitive prices combined with convenient and quick delivery. It also has a strong focus on customer service.

And it's a big and growing market opportunity. U.S. pet spending grew from $92 million to $151 million from 2018 through 2024. That's nearly a 9% annualized rate.

With Chewy's major online presence, it's in a prime position to benefit from this growing market.

Economically resilient

If you have a pet, or know those who do, you understand how much they mean to people. Many think of them as members of the family. They wouldn't think twice about spending whatever is necessary to keep them healthy and happy, even during difficult economic times.

Pet adoptions increased tremendously during the early days of the COVID-19 pandemic, with many people forced to stay home. Pet spending also grew, despite people's own health and economic concerns.

Still, that period was very unusual. It's more instructive to examine the Great Recession. During that severe downturn from 2008 to 2010, spending on pets grew 12% while overall consumer spending dropped, according to the American Pet Products Association.

Growth runway

Management has been focused on retaining customers and gaining new ones. The efforts are apparent from statistics. Chewy had 20.8 million active customers at the end of its first fiscal quarter (ended May 4). That's 3.8% higher than a year ago. Active customers are those who have ordered a product or service at least once in the past year.

It also has an autoship subscription program that helps retain customers. These sales grew 14.8% year over year to $2.6 billion. They represented over 82% of the company's sales, up from 77.6% in the year-ago period.

Chewy has other growth drivers, including geographic expansion. It started operating in Canada in 2023, and the company should have plenty of room for growth internationally.

Its healthcare offerings also provide a big opportunity. They include medication, insurance, and the company's own clinics.

Unlike some other growth companies, Chewy operates profitably. It reported first-quarter operating income of $76.9 million, 19% higher than a year ago. The company's operating margin expanded from 2.2% to 2.5%.

Valuation

Investors have noticed the company's success. The share price has gained 18.2% this year (ended Aug. 22). That easily outpaced theindex's 10%.

That also means the stock doesn't trade at a low valuation compared to the market. The stock has a price-to-earnings (P/E) ratio of 43 compared to the S&P 500's 30.

That shouldn't dissuade you from buying Chewy's shares, however. The stock has a higher multiple due to its exciting growth prospects.

To quote the legendary investor Warren Buffett, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."