If you think Etsy's (NASDAQ: ETSY) business model as an e-commerce platform offering craft luxuries will struggle during a bear market, think again. Etsy has some unique advantages that other digital sales platforms like Amazon, Shopify, and eBay lack. Etsy was successful during the peak of the pandemic, when it became a go-to source for masks, while e-commerce giants like Amazon struggled to keep up with demand.
Today's video focuses on why Shopify (NYSE: SHOP), Meta Platforms (NASDAQ: META), Qualcomm (NASDAQ: QCOM), and Roku (NASDAQ: ROKU) could provide excellent returns for long-term investors regardless of the short-term bearish noise these companies are experiencing due to numerous macroeconomic events.
Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.