Is Etsy Still Unstoppable After a Major Sell-Off?

Is Etsy Still Unstoppable After a Major Sell-Off?

Etsy (NASDAQ: ETSY), the online marketplace that specializes in handmade and vintage goods, disappointed investors when it announced first-quarter results on May 5. Although revenue and net income both soundly beat analysts' estimates, what captured Wall Street's attention most was management's admission that gross merchandise sales (GMS) growth would decelerate in the second quarter as the company laps last year's remarkable performance. Here's why I believe Etsy is a stock investors should own, even after the sell-off.