#4 - Fiverr (NYSE:FVRR)
Anytime a stock is up over 800% in a single year, I suppose some caution is warranted. But when I compare Fiverr (NYSE:FVRR) with a competitive offering Upwork (NASDAQ:UPWK), I have to admit. I like Fiverr’s growth to continue for some time.
Millions of Americans have been affected by the pandemic. For individuals with marketable skills in specific areas like computer programming, web development, and software development, a company like Fiverr offers a platform to bid on and get paid to do contract work for many companies who pay a fee to Fiverr to list their jobs.
Yes, the market for this work boomed as many Americans were looking for a source of secondary income (or even primary income) during the pandemic. However, the infrastructure has been in place for some time. One of the fascinating questions that have yet to be answered will be what the future of work will look like. Will working remotely (full or part-time) be a deal-breaker? And your thoughts and analysis on that topic should guide your decision to buy a stock like FVRR.
About Fiverr International
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.
Read More - Current Price
- $32.28
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 5 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $32.30 (0.1% Upside)
