Etsy, Chewy, and Teladoc Positioned for Comebacks After Tough 2022
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Etsy, Chewy, and Teladoc Health were stock market losers in 2022, but have potential for growth in 2023 due to financial strengths, market opportunities, and business model pivots.
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Etsy is profitable, recovering revenue, has record active buyers, and benefits from e-commerce growth during the pandemic.
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Chewy reported first annual profit in 2022, growing sales and customers, is expanding into Canada, and launching veterinary practices.
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Teladoc is focused on profitable growth, delivering improved financials, reviewing operations for efficiency, and has growth potential in chronic care.
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All 3 companies have strong balance sheets and long-term opportunities that could lead to stock price rebounds after poor 2022 performance.