The e-commerce site caters to sellers of custom-made goods, and is doing reasonably well amid challenging macroeconomic conditions.
Etsy (ETSY -0.90%) 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.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Etsy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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