Gig stocks: Stock Market Insights


The pandemic was a boon to DoorDash’s business as more consumers looked to the convenience of restaurant delivery for dinner at a time when many options were closed to indoor diners. Revenue growth surged to more than 200% from the second quarter of 2020 through the first quarter of 2021. DoorDash is maintaining that momentum as it laps the surge in orders it saw at the height of the pandemic. It connects restaurants to customers and delivery drivers, enabling restaurants to easily offer delivery service and find additional customers looking for a meal.

Further, debates erupted recently about drivers demanding higher wages amid rising costs for everyone. At the same time, the company still offers opportunities for those that want to make extra cash. Like most other gig economy stocks, Uber’s value is its network, which consists of drivers, riders, restaurants, and stores.

Like other travel-related businesses, Airbnb suffered mightily during the depths of the pandemic. It adapted the best it could, with some hosts offering “work from home office space,” while others positioned their rentals as a COVID-safe alternative to a busy hotel. As of mid-2021, Airbnb’s revenue had fully recovered to 2019 levels.


The pandemic hit Uber’s ride-sharing business hard, as people stopped traveling and nightlife shut down in many cities. Its UberEats business, however, made up for the decline, and the shift to more meal delivery may be permanent even as consumers begin to feel comfortable going out again. Realtime quote and/or trades are not sourced from all markets. 6 Food Delivery Stocks to Watch These companies deliver both food and investing opportunities.

The B2C segment includes the gaming operations directed … Fiverr is a freelance marketplace where individuals and businesses can hire someone to design their website, revamp their logo, produce a video, or perform numerous other tasks. Fiverr takes a commission on each sale for freelancers on the marketplace. It also offers several subscription options for both buyers and sellers on the platform.

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So much so, in fact, that the American Pet Products Association revealed that in 2021, the pet industry rang up total revenue of $123.6 billion, a banner year. Therefore, Rover, which connects dog owners with pet-service providers, plies its trade in a very relevant market. The other factor benefitting ROVR stock is the aforementioned return-to-the-office policies that companies now demand. Suddenly, the work-from-home types can no longer care for their furry friends themselves.


Therefore, Rover may enjoy a significant demand spike, making it one of the best gig economy stocks to buy. Still, if you’re a prospective investor, think of it this way. In the trailing half-year period, HRB only gained a bit over 1%. Since Aug. 18 through the close of Jan. 13, HRB fell nearly 22%. However, the underlying fundamentals drives confidence that HRB really does rank among the best gig economy stocks to buy.

It’s able to easily connect drivers to gigs and restaurants to diners, which earns it a commission. Uber distributes most of its customer payments to drivers, restaurants, and stores, keeping some for itself. As well, Google’s ownership of YouTube and its AdSense protocol enables practically anyone to monetize their independent content. While Alphabet isn’t directly one of the best gig economy stocks to buy, its overriding relevance makes it worth consideration. It’s not just that Google dominates the search engine market and by logical deduction, the Internet. Don’t get me wrong – that’s a massive part of the narrative.


Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Fiverr is growing quickly, expanding into new gigs and geographies. It’s bringing in more buyers to the platform, and those buyers are spending more on average.

Live educational sessions using site features to explore today’s markets. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Airbnb gives homeowners a chance to earn extra income by listing their home or a room as a short-term rental. It’s quickly grown in popularity since an Airbnb can provide greater value for the customer than a typical hotel stay. Airbnb also allows hosts to offer “experiences” to travelers such as a cooking class or a personalized tour. Airbnb collects a service fee for each booking made through its platform.

It provides a network of riders and drivers and makes it easy for them to connect with each other. In exchange for the service, it takes a commission on every ride. Transaction volume in the gig economy is expected to climb more than 17% annually, reaching $455 billion by 2023, according to a study from Mastercard. The COVID-19 pandemic may have accelerated that growth as more people turned to freelance work to replace or supplement their income in 2020. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare.

The B2C segment includes the gaming operations directed towards end users. The company was founded by Robin Reed and Frode Fagerli in 2008 is headquartered in Triq Id-Dragunara, Malta. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses.

Investing in Cloud Computing Stocks Moving operations «to the cloud» is the way of the future for many companies. Uber specializes in getting things from point A to point B — people, food, and household items. Drivers use their own vehicles to deliver people, restaurant orders, or grocery items to their destinations. Right-click on the chart to open the Interactive Chart menu.

Whether as a worker bee looking for greener pastures or a gig worker seeking new contracts, Alphabet is indispensable. However, it’s also that many companies that “contract out” work needs freelancers to utilize Google’s business architecture for content-sharing purposes. Lyft operates in the same fashion as Uber and other gig economy businesses.


DoorDash recently expanded into grocery and alcohol delivery as well, capitalizing on its network of drivers. Gaming Innovation Group Inc. operates as an iGaming technology company, which engages in the provision of products and services to iGaming Operators. It operates through the Business-to-Business and Business-to-Consumer segments. The B2B segment offers front-end services and affiliate marketing.

Uber currently faces a challenge with some governments looking to define drivers as employees instead of freelancers — a challenge faced throughout the industry. Maintaining freelancer status means Uber doesn’t have to provide health insurance or other benefits, and it can avoid managing payrolls across its territories. The company’s upcoming earnings report date is not yet available. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

It’s not going to lose dominance easily, thus making MSFT one of the best gig economy stocks to buy. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy.

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Barchart is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve our web experience, and encourage users to Contact Us for feedback and accommodation requests. Naturally, questions will come up regarding Uber’s financial profile which honestly stinks as of now. However, because of the relevancies and Uber’s brand dominance, the fiscal viability may eventually arrive. Investing in Internet of Things Stocks Learn to make money by investing in internet of things companies.

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Fundamentally, this should bolster Microsoft’s pivot toward Software as a Service . Frankly, it’s just easier for freelancers to have access to business applications such as Word and Excel. However, Microsoft has been doing business suite software for a long time.

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The number of active riders fell almost 60% at the start of the pandemic, and the numbers hadn’t fully recovered as of mid-2021. Even so, Lyft has been able to improve profitability, and revenue per rider remains relatively stable at close to its pre-pandemic levels.

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