With the Nasdaq Composite in the midst of a strong bull market and in record territory, investors are surely searching far and wide for bargain businesses to buy. Luckily, (NASDAQ: ETSY) is one such opportunity.

As of March 22, the e-commerce stock is 77% below its all-time high, which was set in November 2021. But the company is still on solid footing in the grand scheme of things, and its key metrics are much improved from prior to the pandemic.

For long-term investors, here's why Etsy is a spectacular stock to buy right now.

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Source Fool.com