Better Buy: Etsy vs. MercadoLibre
Investors have flocked en masse to top e-commerce stocks during the COVID-19 pandemic. Year to date, shares of Etsy (NASDAQ: ETSY) and MercadoLibre (NASDAQ: MELI) are up 122% and 67%, respectively. That easily beats the return of the broader market, measured by the S&P 500, which is down 6%.
Etsy and MercadoLibre turned in solid results for the first quarter with both companies continuing to post robust revenue growth. But which stock should you buy? Let's find out.
Source Fool.com