1 Growth Stock Down 70% to Buy Right Now
As a huge beneficiary of the coronavirus pandemic, Etsy (NASDAQ: ETSY) saw its sales and customer base skyrocket when people tried avoiding brick-and-mortar shopping. As of May 23, Etsy's stock is down 70% from its peak price set in November 2021. In the summer of 2021, Etsy made $1.6 billion and $217 million acquisitions of Depop and Elo7, respectively, to round out its offerings and create what CEO Josh Silverman calls a "House of Brands."