@KYHBKO@3Fs@SR050321@koolgal$Etsy, Inc.(ETSY)$has potential as it has an attractive online marketplace that delights both buyers and sellers. Sellers are able to sell customizable handmade products in large numbers through Etsy which attracts even more sellers to join the Etsy platform. Buyers can easily find unique products on Etsy resulting in a large pool of loyal customers. Etsy operates an asset light business model that does not keep any inventory and only takes a percentage of sales as service charge. This allows Etsy to replicate this business model rapidly in UK and other countries resulting in non-US sales contributing 44% of overall sales.
š° Stocks to watch today?(14 Jun)
1. What news/movements are worth noting in the market today? Any stocks to watch?
2. What trading opportunities are there? Do you have any plans?
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