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Etsy earned a top spot in my list of recommendations because of its lucrative business model.
Fool.com contributor Parkev Tatevosian discusses the new developments out of Etsy (ETSY 0.34%) that were significant enough to earn a recommendation downgrade.
*Stock prices used were the afternoon prices of Dec. 13, 2023. The video was published on Dec. 15, 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 his link, 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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