The e-commerce platform faces headwinds as consumers spend more money on experiences.
Etsy (ETSY -2.17%) runs an asset-light business model that could continue expanding profitability as revenue grows. In this video, I will determine if it's an excellent time to buy Etsy stock.
*Stock prices used were the afternoon prices of Jan. 8, 2023. The video was published on Jan. 10, 2023.
Parkev Tatevosian, CFA 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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