Etsy Or Exit? Tough Call (Downgrade) (NASDAQ:ETSY)
georgeclerk Investment Thesis Etsy (NASDAQ:ETSY) is one of those stocks that look optically a terrific bargain. Priced at 8x forward free cash flow, it’s undoubtedly cheap. But I now update my thesis to discuss that although I used to be bullish on ETSY, I now believe that cheap alone won’t make this investment compelling. Today,…