5 Undervalued Wide Moat Stocks To Invest In

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1. Etsy, Inc. (NASDAQ:ETSY)

Average Share Price Target: $110.07

Share Price Upside: 52%

A consumer discretionary stock, Etsy, Inc. (NASDAQ:ETSY)’s shares are down by 36% year to date as the firm managed to reverse its trend of quarterly analyst EPS estimates only in its latest quarter. It’s also facing criticism from sellers these days for keeping their payments on hold.

38 hedge funds out of the 910 tracked by Insider Monkey had bought and invested in Etsy, Inc. (NASDAQ:ETSY)’s shares as of Q2 2023. Out of these, the firm’s largest hedge fund investor is Brian Bares’ Bares Capital Management since it owns $216 million worth of shares.

Follow Etsy Inc (NASDAQ:ETSY)

Disclosure: None.  You can also take a look at 14 Best Low Risk High Growth Stocks to Buy Now and Buffett Stock Portfolio: Warren Buffett’s Recent Buys.

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