Can I see the waveform while stretching?

Hi,

When I move an audio item I can see the wave form, which makes it easy to manually line up transients.

But, when I stretch an audio item, you can’t see the waveform, so it ends up being a mixture of guessing and trial and error until it lines up.
Is there some way to enable seeing the wave form while stretching an audio item?

I’m coming from REAPER to CP8, so maybe there is a better way to stretch items to manually get things in time, but in REAPER, it’s easy to get things in sync when you can visually line up the wave form with the beat or other wave forms on neighboring tracks.

Thanks,
Rich