Accretive Wealth Partners LLC have stock holdings in
Etsy, Inc. worth $505,000. There seems to be some speculation among options traders about Etsy. Despite Etsy's recent sink on Q1 'disappointment', it has been identified as one of the 2 growth stocks with significant upside potential. Several asset management firms, including
Polen Capital Management LLC and
TD Asset Management Inc, have been buying shares of Etsy. However, other entities like
Advisory Services Network LLC and
Nomura Asset Management Co. Ltd. are reducing their holdings. With a recent 12% plunge in Etsy's shares following a decline in gross merchandise sales, some are questioning the investment attractiveness of the company.
Morgan Stanley suggests buying eBay and selling Etsy. Despite volatility, there are still encouraging signs, like
Truist's positive outlook on Etsy stocks and investors increasing their stock holdings. Yet, Etsy has released a downbeat outlook, and some experts are advising to buy other e-commerce stocks instead of Etsy. Regardless, Etsy's stocks soared after adding an
Elliott executive to its board.
Etsy Stocks News Analytics from Thu, 31 Aug 2023 07:00:00 GMT to Sun, 02 Jun 2024 20:06:23 GMT -
Rating -5
- Innovation 0
- Information 5
- Rumor 2