Etsy Is Not Trying To Be Temu Or Amazon
Etsy(ETSY) Seeking Alpha·2024-09-12 01:22
Sladic/E+ via Getty Images Risk-Reward Favorable How you view Etsy, Inc. (NASDAQ:ETSY) depends on your perspective. It's easy to look at the recent past and see lackluster growth since the 2021 pandemic burst. Furthermore, the firm made a terrible acquisition of Depop at the peak of the resale/online spending craze. Etsy stock has fallen so much, it was recently removed from the S&P 500. However, I think the lack of business momentum is more than priced into the stock. The cheap valuation and heightened sto ...