Etsy Stock Is Up Almost 300% in 2020: Here's Why It's Still Worth Buying
Etsy is Amazon-proof, loved by its customers and merchants, and has a lot more to offer than people realize. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. E-commerce has come into its own in 2020. Not only have those who've been using online retail for years increased their use of e-commerce during the coronavirus pandemic, but millions of others have discovered the convenience of online shopping. Etsy (NASDAQ:ETSY) has certainly benefited, with sales up almost 70%, and its shares up 289% year to date at this writing. Those big gains, along with coronavirus vaccines being distributed and administered, has some people thinking it might be time to sell. But on the Nov. 30 ...