The Nasdaq Composite has soared 55% in value since the start of 2023. Investor optimism is at elevated levels, sending this tech-heavy benchmark to record territory.

But not all companies have benefited from the strong rally. Investors who are looking for solid deals in the market can still find them. In fact, there's one magnificent growth stock that is a smart buy for long-term investors.

Investing is done correctly when you adopt a five- or 10-year time horizon. With this framework in mind, (NASDAQ: ETSY) deserves a closer look.

Continue reading

Source Fool.com