Though the S 500 has rallied from last year's bear market low, some growth stocks still haven't recovered from the tough market times. Amid ongoing economic uncertainty, investors have hesitated to go all in on certain players that depend on the consumer.

Two examples are e-commerce companies Chewy (NYSE: CHWY) and (NASDAQ: ETSY). They've each dropped more than 30% since the start of the year.

But Wall Street is optimistic about these beaten-down stocks and expects them to climb more than 50% over the coming 12 months. Both Chewy and Etsy have offered us some bright signs about the future.

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Source Fool.com