Should Investors Buy the Dip on Etsy Stock?
As the holidays near, the amount of Etsy (NASDAQ: ETSY) ads you'll experience will likely ramp up. This time of year is huge for Etsy's sellers, as handmade and customized gifts are extremely popular. If it goes well, Etsy sellers should see a sales boost -- benefiting the company and sellers.
That would be a welcome change to the end of 2022 for Etsy, as the company has struggled to grow sales throughout the year. As a result, the stock is down about 45% year to date. Is now the time to buy Etsy stock? Or should investors wait until after the holiday season? Let's find out.
As mentioned above, Etsy's gross merchandise sales (GMS) haven't experienced any growth this year.
Source Fool.com
