$ETSY – A handmade Giant

Jan 20, 2021 TeP Education, Trading

Full disclosure, I am long with $ETSY and I am planning to add more positions on the next correction.

$ETSY is an online marketplace where buyers and sellers can buy and sell handmade goods, craft supplies, and vintage items. They also acquired Reverb, another online marketplace for all kinds of musical instruments may it be used, old or new. $ETSY caters globally however, it identifies six (6) core markets: United Kingdom, United States, Australia, Canada, France, and Germany. $ETSY’s major categories based on sales are Home Furnishings, Jewelry and Accessories, Craft Supplies, Apparel, Paper and Party Supplies, and Personal Care. There is a lot of great research on $ETSY online.

I like $ETSY because of its addressable market and it is online! What do you think?

 

Disclaimer: Please always exercise due diligence. Do your own research before investing. Your capital is always at risk.

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