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Industry Focus

CG: Etching out the Future for Etsy

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 8 September 2020

⏱️ 30 minutes

🧾️ Download transcript

Summary

Etsy (NASDAQ: ETSY) made headlines last week after it beat out Tesla for addition to the S&P500. Was the addition justified? Join Motley Fool contributor Dan Kline and host Emily Flippen as they discuss the business basics of Etsy, what makes the company special, and if Etsy is worthy of a position in your portfolio today.

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Transcript

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0:00.0

Welcome to Industry Focus. The podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyphill. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods.

0:19.1

Wild-C-Wercur! Wednesday. And we're talking energy. And today we're talking tech. Let's dive in.

0:27.1

Welcome to Industry Focus. Today is Tuesday September 8th and this is your

0:31.2

Consumer Goods focused episode. I'm Emily Flippin and

0:34.7

today I'm joined by Motley Fool contributor Dan Klein to take a deeper look at a

0:39.5

company that has risen nearly 150% in 2020 alone.

0:44.7

That is ETSI.

0:46.1

Dan, thank you for joining.

0:47.7

I'm excited about this one and because we do this on Tuesday,

0:51.2

I now know what day of the week it is. I always feel the need to remind people it is in fact both Tuesday and

0:56.9

consumer goods episode but I'm happy that we're taking a little bit of a of a break here from the

1:02.1

retail let downs that has been

1:04.2

20-20 to talk about a company that has actually performed pretty well. So today

1:09.5

we're going to be discussing some of the business basics of ETSI, its competitive strategy and its financials.

1:15.4

But before we do so, Dan, let's bring the listeners in on why we're talking about ETSI today.

1:21.6

Well, because ETSI was moved to the S&P 500 along with two other companies

1:29.3

and they moved up from the S&P mid-cap 400. So this isn't as big a deal as maybe, you know, had

1:35.8

Tesla been moved up because they were already being tracked by companies that

1:39.9

track these other S&P indexes, the Mid Cap 400.

1:44.0

It's going to replace H&R Block, Cody, which is a beauty brand that's really struggling,

...

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