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1 Undervalued Growth Stock That Could Soar 66%, According to Wall Street

TheMotleyFool

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1 Undervalued Growth Stock That Could Soar 66%, According to Wall Street: https://g.foolcdn.com/editorial/images/748632/woman-making-jewelry-etsy.jpg

If e-commerce stocks are making a comeback this year, somebody forgot to tell Etsy (NASDAQ: ETSY).

While peers like Amazon, Wayfair, and Shopify have seen their stock prices bounce back this year in response to signs that the online retail market is strengthening, Etsy has missed out on the rally.

Shares of the online marketplace for crafts and vintage items are down 47% year-to-date, missing out on the broader rally that's sent the Nasdaq Composite up 27%. The stock is now down 79% from its pandemic-era peak.

Source Fool.com