Here's Why Etsy's Most Important Number Is 24%
Etsy (NASDAQ: ETSY) has been a fantastic stock to own, skyrocketing in value more than 1,300% over the past five years. This eye-popping return can be attributed to remarkable revenue and profit growth. Riding the worldwide e-commerce boom didn't hurt, either.
However, what makes Etsy really special is its ability to continue growing at a fast rate with minimal capital investment required. And that's why the company's most important number right now is 24%.
Read on to learn more.
Source Fool.com