E-commerce stocks have been on a tear since the pandemic forced many consumers to make their home a place to work, to get an education, and just about everything else. But what does the future look like for these stocks as the vaccine gets rolled out across the globe? On a Fool Live episode recorded on March 3, Fool contributors Brian Withers and Matt Frankel answer a viewer's question about the future prospects for Etsy (ETSY 0.51%) and explain why they love this stock.
Brian Withers: Emma [asks] what are your thoughts on the future of Etsy as compared to Shopify and MELI, MercadoLibre? Yes. [laughs]. Yes!
I love Etsy's niche. They have a fantastic following, and they've captured a ton of customers in the coronavirus.
Matthew Frankel: I love all three. I think we're going to see Etsy do a whole lot more growing through acquisition, is my prediction. They acquired Reverb, the music marketplace, last year. I can see them incrementally adding a bunch of different kinds of retail to their platform as their network grows. The more people that join, I'd say the more buyers and sellers that are in their ecosystem, the more valuable their brand gets. I could see them using that brand-power that really incrementally add on different components. I think they have a ton of untapped potential.
Brian Withers: That makes a lot of sense for their business.