(NASDAQ: ETSY) and Chewy (NYSE: CHWY) have fallen out of favor on Wall Street in recent months. Their stocks are trailing the S 500 so far in 2023 despite expanding sales and steady profitability.

Investors are worried about slowing sales trends for both e-commerce specialists. The pressure on the businesses would be amplified by a recession, too. But these issues don't threaten the long-term outlook for these companies, which are growing market share in attractive retailing niches.

Let's look at some good reasons for investors to consider buying Etsy and Chewy stocks at today's discounted prices.

Continue reading

Source Fool.com