A 33% plunge in the Nasdaq Composite is the perfect time to go shopping for game-changing businesses trading at a discount.
Macroeconomic fears took a big bite out of Fiverr's share price in 2021 and 2022. Those fears started to fade in January, giving the stock a new lease on life.
Several analysts estimate that Etsy (NASDAQ: ETSY) could realize a 12-month upside of about 38%. Etsy is dominant in a remarkably targeted but underpenetrated segment of the overall e-commerce market. Of course, Etsy has also acquired other businesses in recent years that can fuel growth beyond the Etsy.com platform in the future, including music gear marketplace Reverb, apparel resale marketplace Depop, and Elo7, known widely as "The Etsy of Brazil."