3 Sorry Overhyped Stocks to Sell in May While You Still Can

In 2022, Etsy reported a negative EPS of -5.48, a stark contrast to the previous year's EPS of 3.4. It is important to note that the company's pre-pandemic EPS averaged around 0.68, suggesting the COVID-19 crisis may have distorted the expectations for the business's future performance. Moreover, Etsy's current valuation appears expensive compared to its expected growth rate. The company is trading at about 30 times earnings, while its top-line growth is projected to be a mere 5%. It's great to see new entr ...