ETSY - 3 Must-Know Facts About Etsy Before You Buy the Stock
2024-03-02 13:37:00 ET
In the last five years, the Nasdaq Composite Index has climbed 112%, a spectacular gain that investors can be pleased with. But not all stocks have done this well.
Take Etsy (NASDAQ: ETSY) . Its shares are only up 24% since February 2019. They even missed the market's impressive rally in 2023. Investors have completely soured on Etsy, which currently trades at a dirt cheap forward price-to-earnings ratio of 15.6.
Before you buy this top e-commerce stock , here are three facts you need to know about the business.
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3 Must-Know Facts About Etsy, Before You Buy the Stock