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A Bull Market Is Coming: 1 Unique Growth Stock Down 71% to Buy Now and Hold Forever


Recession fears drove the S 500 into a bear market last year, and the benchmark index is still down 11% from previous highs. But investors can confidently assume the decline is temporary. The S 500 has never failed to rebound from past drawdowns, and a bull rally will eventually put an end to the current bear market. That makes the current situation a buying opportunity.

While waiting for the bull market to get underway, investors should take a close look at (NASDAQ: ETSY). The stock is currently trading 71% off its high, but the niche e-commerce company is well positioned to grow as more shopping takes place online, and its share price could soar when the economy regains its momentum.

Here's why this unique growth stock is worth buying today.

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Source Fool.com

Etsy Inc Aktie

48,77 €
-1,76 %
Etsy Inc muss heute Verluste wegstecken. Die Aktie notiert im Vergleich zu gestern um -1,76 % tiefer.

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