Down by more than a third in the last 12 months, 's (NASDAQ: ETSY) stock is getting mixed reviews from the bulls and bears.

The bulls think that Etsy's unique proposition positions the niche marketplace to gain market share in the long run. The bears, however, question whether Etsy can regain its growth momentum after delivering sluggish performance in the last two years.

I'll delve into the arguments presented by both sides, which should give investors a balanced view of Etsy's prospects as an investment opportunity.

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Source Fool.com