10-30-2020, 03:13 PM
(10-30-2020, 02:46 PM)EricL Wrote: ETSY is starting to look pretty tempting around $120.
Had really good earnings earlier this week, and trades at a 60 PE on current estimates.
I love ETSY. They will do well in any economy. These kind of companies are the future. They are growing at 80%. Not many can say that lol
I own ETSY, PIN, TDCO, SNAP, PYPL, FIVN, BILL, TTWO and may other name like this. Some I bought in early and some not
All these companies they say are stay at home stocks. But The truth is they are companies that cater to everyone and everyone uses there products or needs them in one way or another.
Today is the biggest hit I have taken ever lol. But I'm shaken it off. Time for some shots
But all these names are long term holds unless something dramatic happens with their business
It seems no one wants value any more, Unless it's growth oriented. I have a ton of value names as well but I'm not betting on a recovery any time soon lol.The growth names are where the action is. Expensive yes, but its about the future.. But on days like today you get smashed lol
Sorry I said too much as always.. But to answer your question ETSY is a winner