3 Growth Shares You'll Want to Buy in the Next Market Crash
3 Growth Shares You'll Want to Buy in the Next Market Crash
Any short-term retracement can offer a great opportunity to buy long-term winners.
The stock market collapse can be a disaster or an opportunity for long-term investments.
Although it is not possible to predict when the collapse will occur, stocks with growth potential that can turn the collapse into an opportunity can be predicted.
Here are three stocks that have the potential to grow when the next stock market crash comes:
1-Fiverr
Especially with the coronavirus epidemic, individuals are increasingly turning to freelancing as their primary source of income.
Fiverr (NYSE: FVRR) is a platform that connects freelancers with digital service buyers.
The number of active buyers on
Fiverr reached 3.4 million in 2020, and the company's revenue increased by 77 % year on year to $ 190 million.
Thus, a great competitive environment was born.
Microsoft has stated that it plans to offer the freelance service on the Linkedln platform.
Following the news that the technology giant could compete with
Fiverr, Fiverr shares fell, but the company stated that investors do not need to worry. The self-employment market in the USA, which is estimated to be 115 billion dollars annually, is large enough to support more than one participant.
Fiverr took an unique approach, eliminating many of the hassle for both freelancers and buyers. The company also has the first mover advantage and widespread support that will ensure it continues to gain in its customer base over the long term.
2-Square
According to Mizuho Securities analyst Dan Dolev, the under-value
Square (NYSE: SQ) is trading more than 220 times the expected earnings. This premium valuation can scare many investors.
It is not yet clear whether Dolev's price target will be achieved, but at the top of his optimism is the Cash App, which allows users to trade stocks and Bitcoin, as well as receive paychecks and tax refunds.
Square CEO Jack Dorsey, in his last conference call; "We plan to double our commitment to Bitcoin and continue to look for new ways to connect our product lines within Cash App," he said. This paves the way for the company to grow faster.
Nevertheless, we should not forget that
Square's main area of activity serving vendors. It is thought that the global economy will gradually come out of the stagnation during the pandemic process and the market will recover. Although it is predicted that Square stock will lose value in parallel with the market crash, it may make sense to buy shares belonging to the company in the long run.
3-Teladoc Health
As the long-term effect of the Covid-19 epidemic, the use of telehealth services has become widespread.
Teladoc Health (NYSE: TDOC) is positioned as one of the biggest winners of this trend.
There are many companies competing in the telehealth market led by
Teladoc. Revenue of Teladoc projects approached $ 2 billion in 2021. The company's revenue almost doubled compared to last year.
Consulting firm McKinsey & Company, which predicts that the US virtual care market may approach $ 250 billion after the epidemic is over, stated that Teladoc shares are one of the shares that investors should prefer.
Do you currently have to deposit $ 1000 in Teladoc, Inc.?
Motley Fool Co-Founders David and Tom Gardner have a different view of
Teladoc Helath's potential. Investment legends have suggested 10 stocks currently available for purchase and stated that Teladoc, Inc. is not one of those stocks.
3 Growth Shares You'll Want to Buy in the Next Market Crash
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