Etsy's Shares March Higher, Can It Continue?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="As of late, it has definitely been a great time to be an investor in Etsy, Inc. ETSY. The stock has moved higher by 25.1% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.” data-reactid=”19″>As of late, it has definitely been a great time to be an investor in Etsy, Inc. ETSY. The stock has moved higher by 25.1% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="We certainly think that this might be the case, particularly if you consider ETSY’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as ETSY has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.” data-reactid=”20″>We certainly think that this might be the case, particularly if you consider ETSY’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as ETSY has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Etsy, Inc. (ETSY) : Free Stock Analysis Report
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Etsy, Inc. (ETSY) : Free Stock Analysis Report
 
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