Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Chegg, Inc. (CHGG): A Bull Case Theory

We came across a bullish thesis on Chegg, Inc. (CHGG) on Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on CHGG. Chegg, Inc. (CHGG)'s share was trading at $2.4 as of Dec 6th. CHGG’s forward P/E was 1.84 according to Yahoo Finance.

[caption id="attachment_1202653" align="aligncenter" width="768"] A student, their laptop open, using the companies learning platform.[/caption]

Chegg, once a dominant force in the educational technology sector, has been thrust into a precarious position, with its stock trading at just 0.38 times sales, a valuation...