The e-commerce site caters to sellers of custom-made goods, and is doing reasonably well amid challenging macroeconomic conditions.
Etsy (ETSY 0.19%) is skillfully serving its buyers and sellers of custom-made products. In the process, Etsy is raising the fees it is charging sellers, leaving more for the company to expand cash flows. This video highlights why Etsy stock is a buy after Q3 earnings.
*Stock prices used were the afternoon prices of Nov. 7, 2022. The video was published on Nov. 8, 2022.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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