(NASDAQ: ETSY), a big winner early on in the pandemic, has really disappointed investors in the past couple years. A combination of slowing growth, macro headwinds, and disdain from the investment community for growth tech stocks has lowered enthusiasm for the company.

It's not all bad news, though, especially for long-term investors. There are certainly compelling reasons to add this business to your portfolio.

But if you're looking to buy this top e-commerce stock, you'll regret not understanding the bear case as well.

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Source Fool.com