- Etsy is a unique platform offering handcrafted goods from creative entrepreneurs the world over.
- The company has shown robust revenue, net profit and free cash flow growth over the past couple of years.
If you did online shopping (I’m sure you have), you would have heard about this marketplace.
In fact, the company I’m going to talk about mostly sells items that you can’t usually find anywhere else. Not even on Amazon.
How cool is that!
This uniqueness brings many buyers to its platform, incentivising sellers to continue creating more creative products for this growing group of buyers.
The flywheel allows this business to prosper.
Source: @kimrosacuca | Giphy
The marketplace I’m talking about is none other than Etsy Inc (NASDAQ: ETSY).
And if you are shopping for stocks to add to your portfolio, you should certainly consider the e-commerce company.
TL;DR: Etsy — A Stock To Consider Buying in August 2021
Here’s why Etsy is worth a second look: