What happens on the internet stays on the internet, forever. It’s an exposed new world where the internet rules and millennials have killed every industry that couldn’t adapt or keep up. Imagine if IBM and Willy Wonka are in a partnership. A geeky technology company and a candy-maker join forces; it sounds ridiculous. But that’s what just happened to get an equal bite of money. And it does not sound that much crazy because the idea is making heaps of economy. The explosion of companies like Uber managed to destroy the once-invincible taxi industry almost overnight. Its success story comes from a few key advantages – it’s fast, it’s easy, and it’s cheap.
Today, internet access may be the no.1 infrastructure challenge but still, companies are benefiting around the buzzword—sharing economy, like Uber. The sharing economy is now a huge part of the way the world works. Generational priorities have shifted. Millennials aren’t just industry killers; they’re the builders of entirely new industries from the ground up. And when the company checks all the boxes: a fast, cheap, easy, novel, and eco-friendly, it can mean BIG money for investors.
So how does one browse the next big success story in this streaming new industry? Good news. It’s already been done some of the heavy liftings.
Here are 6 trends leading the sharing economy race:
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Delivery on Demand
Quick google research on sharing economy stocks with investors will quickly reveal that GrubHub reigns supreme. In fact, Investors Alley calls it “the quintessential sharing economy stock,” for its huge stock with major exposure called as a food-delivery juggernaut.
The company is projected to grow earnings an average of 26% per year over the next 5 years. Right now it’s an excellent moment to buy stock in GrubHub when an investor factor considers it currently more affordable than it has been in other quarters. Brands, one of the world’s biggest food sector corporations–they own Taco Bell, KFC, Pizza Hut, just for starters.
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Changing Rideshare for Good
OjO Electric Corp, an unsung hero in the race of the ultra-fast-growing sector. It has burst onto the scene of the sharing economy. It’s a disruptive new industry and made fans and enemies contributing equally in its takeover of city streets and legions of devoted consumers.
Small start-up companies are getting multi-billion dollar valuations. And where investors are riding out like bandits, that’s right, Scooters. They are set to transform part of the $7 trillion mobility industry. OjO Electric Corp has invested a better, faster, and more efficient scooter. The tech is better, their scooters are safer, cities prefer them to other companies that just drop off their scooters and walk away…and consumers absolutely love them.
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Crowd-Sourced Loans
While GrubHub is known for its reliable sharing economy stock, Lending Club is for a very different kind of investor. Fintech stocks are currently an ideal sector for savvy investors who believe in the future of fintech and see the direction the economy is taking.
Lending Club is a sector for investors who can stomach a fair amount of risk in exchange for high rewards. Its economy is obvious to move further and further into a sharing economy all the time. It’s been rated for months and Zacks.com upgraded the stock to a hold, saying that there is a “light at the end of the tunnel for this overlooked stock.”
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Staying Ahead of the Sharing Economy
By conventional logic, the sharing economy should be a big issue for Booking Holdings. Instead, Bookings (which recently rebranded the Priceline Group) dominates the travel and accommodations sector with a massive market cap of $100 billion.
Booking Holidays has stayed well ahead of the game, diversifying its offerings and getting into the sharing economy before Airbnb and Uber were able to take away too much of its business. “It is the global leader in travel and accommodations and has taken steps to embrace the sharing economy and maintain its lead,” affirms the Motley Fool.
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Online Job Board
Fiverr, a software that connects freelance workers to companies with projects that suit their skills. It was the unbelievable first day when Fiverr stock opened “at $26, 24% above its $21 initial-public-offering price, and kept rising to a close of $39.90, 90% higher than the IPO price.”
Alpha reports that “As of Q2 2019, revenue has grown by over 40% YoY, better than the expected full-year outlook of 36% YoY.” For those who are seeking immediate returns, OjO Electric Corp is a better bet, but for those willing to wait for a solid return on their investment they can go for Fiverr.
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Democratizing E-Commerce
Shopify Inc is a Canadian e-commerce company enabled more than 500,000 companies to rely on Shopify’s real-time e-commerce, including Tesla, Budweiser and Red Bull, among many others.
Shopify makes purchasing goods and services easy for anyone – and in a time where convenience is king. In addition to its revolutionary approach to e-commerce, Shopify is also delving into blockchain technology, making it a promising pick for investors, especially given that the sector is red hot right now.
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