HomeMarketsEarningsButowsky: ETSY Needs Product Diversification, MELI ‘Favorite Stock in the World’

Butowsky: ETSY Needs Product Diversification, MELI ‘Favorite Stock in the World’

Ed Butowsky breaks down Etsy’s (ETSY) mixed quarterly earnings. He has a “hard time getting behind” the stock because he doesn’t like the website and thinks it’s being pigeonholed by reputation. However, he notes they were able to boost repeat customers. He strongly prefers MercadoLibre (MELI), calling it his “favorite stock in the world.”

Morning Movers

19 Feb 2025

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