Is It Too Late to Buy the Dip on Etsy Stock?

After underperforming the market for several years, Etsy (NYSE: ETSY) is finally bouncing back. The company's shares have climbed 34% over the past 12 months, slightly better than the broader market. If Etsy can maintain this momentum, it may still be time to invest in the e-commerce specialist, especially since its shares remain down more than 70% from their all-time high reached in late 2021. Let's see whether there is more upside ahead for Etsy.Etsy is going back to the basics. Last year, the company divested Reverb, a marketplace for vintage musical instruments. And in February, Etsy announced it would sell Depop, a fashion-focused online marketplace.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool