Could Etsy Be a Millionaire-Maker Stock?
Our experts issued a rare "Double Down" Buy alert on this one stock... Learn more.
Shares of online homemade goods marketplace Etsy (NASDAQ: ETSY) have taken a beating since the company's third-quarter update at the end of October. At their peak, shares were up over 200% in 2020 alone, so a breather was inevitable. But positive COVID-19 vaccine news from Pfizer and BioNTech added fuel to the fire, and the stock is down 18% from its all-time high as of this writing.
Looking years down the road, though, this small-ish e-commerce stock -- its market cap is currently $16 billion -- could be a lot bigger than it is today.
Source Fool.com
