Etsy (NASDAQ: ETSY) investors had a rough 2022. The stock underperformed a weak market on fears about a short-term growth slowdown as consumers shifted spending away from e-commerce channels. Wall Street was also concerned that Etsy might not be able to quickly pivot toward profitability.
But smart investors can look past those short-term concerns as they judge the big-picture opportunities for the e-commerce platform. With that approach in mind, let's look at a few factors that suggest this growth stock has a bright future.
The headline takeaway for many investors in 2022 was that Etsy is done growing. The value of sales on its platform fell 3% in the most recent quarter, which ended in late September.
For further details see:
What the Smartest Investors Know About Etsy Stock