Many of my favorite stocks are soaring so high that I hesitate to buy them at today’s overheated prices. At the same time, some fantastic companies have seen their stock prices plunge in recent weeks — for all the wrong reasons.
In particular, I’m itching to add more shares to my stake in Fiverr International (NYSE: FVRR). Let me show you why.
Fiverr is a crucial component of the so-called gig economy, where people rely on freelance gigs to boost their ordinary income or replace their day jobs entirely. This was a thriving market before the COVID-19 pandemic rolled in, and the health crisis gave the gig economy a further boost.