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 Value Investing Subreddit Page by Prudent-Whale. In this article, we will summarize the bulls’ thesis on CHGG. Chegg, Inc. (CHGG)'s share was trading at $1.39 as of Feb 13th. CHGG’s forward P/E was 1.84 according to Yahoo Finance.

[caption id="attachment_1204556" align="aligncenter" width="768"] A student concentrate on their laptop in the library, taking advantage of an educational program online.[/caption]

Chegg, trading at a fraction of its true value, is being severely mispriced by the market, despite its strong...