17 Wonderful Work-From-Home Stocks to Buy

Table of Content

• Office Stock Photo Bundle - Black Brand | 14 Photos | Mockup | Blog & Instagram Stock Photo | Stock Photo for Creatives
• Investing in WFH Stocks
• Best Work-From-Home (WFH) Stocks to Buy Now
• Best Work From Home Stocks?
• Meesho pulls plug on work-from-anywhere policy, introduces flexible model
• Needing Additional Cash for Operations
• Chegg

As the world reopens, the general opinion is that freelancers will head back into the office. The freelance economy is estimated to be worth upwards of $1.4 trillion today. The gig economy is going nowhere, and people are quickly seeking financial and career independence in a completely new way of working from home.

“Leaders need to acknowledge that employees‘ psychological & physical safety is more important than their location of work," Vidit Aatrey, founder and chief executive officer, Meesho had said at that time. I usually write about distressed companies and companies in Ch.11 bankruptcy. Less than robust occupancy rates have had a negative impact on results. It is unclear what average occupancy rate level would result in finally breaking even.

Office Stock Photo Bundle - Black Brand | 14 Photos | Mockup | Blog & Instagram Stock Photo | Stock Photo for Creatives

While the work-from-home setup was not new for Choe, he understands that the remote environment can "reset your standards about what forms of exploitation you're willing to accept." "The risks seem farther off when you're in a remote environment," she said. And as workers around the country have reconsidered their jobs and quit in droves, allegiances have shifted. "All that navel-gazing led to people being more willing to undertake the risk that is inherent in blowing the whistle," said Inman.

In fact, many Americans are afraid of going into fitness centers during a pandemic altogether. The content on finmasters.com is for educational and informational purposes only and should not be construed as professional financial advice. Finmasters is not a financial institution and does not provide any financial products or services.

Investing in WFH Stocks

APEI has recently announced it will acquire regionally accredited Rasmussen University, the largest educator of ADN nurses. Following the acquisition, APEI expects to have revenue of approximately $600 million on an annual pro-forma basis. Furthermore, it also expects to become the leading educator of pre-licensure nurses with more than 10,000 nursing students. Nearly half, 18, of the 40 stocks in the Direxion Work From Home ETF are actually down this year.

In my opinion, I am not sure that SoftBank is willing to take risk that any new loans to WeWork could be recharacterized as equity interest by a SDNY bankruptcy judge if WeWork files for Ch.11 in the future. HubSpot is aiming to grow sales by over 30% in 2022 as it pushes profit margins higher by at least two percentage points. With major growth avenues available, including outside the U.S., its customer footprint -- and earnings power -- should be much higher five years from now. Investors will be just as happy with Airbnb's improving financials.

Best Work-From-Home (WFH) Stocks to Buy Now

PayPal applied to be a Paycheck Protection Program lender and has so far distributed more than $1 billion of loans to user accounts, which should help boost future transaction fees. The company also benefitted as many consumers deposited stimulus checks in their PayPal account rather than a conventional bank account. Roku's new accounts grew by more than 70% during the April quarter, the number of active accounts increased 38% and streaming hours expanded by 80%. Growth in patient visits and revenues has been consistent, with each rising more than 60% annually since 2016. “In a recently conducted survey, the majority of our employees expressed the need for more in-person connects to foster collaboration, live our culture of speedy execution, and form informal bonds," Meesho said in a blog.

The company also generated $87 million of free cash flow and ended the quarter with $1 billion in cash and equivalents on its balance sheet. Thinkful, a skill course platform Chegg acquired last year, is experiencing tremendous growth as laid-off workers look for ways to acquire new in-demand skills. "We believe organizations will continue to invest in collaboration/communication tools in an effort to modernize communication and become more agile as workforces get more distributed in a post-COVID world." Slack's revenues rose 50% during the quarter, and its adjusted net loss dropped significantly. That said, the price of WORK shares fell in response to its report due to guidance suggesting momentum was slowing. Slack anticipates 34% to 37% revenue growth this year, down from 57% growth last year.

Best Work From Home Stocks?

But more importantly, the company delivered its first three months of positive EBITDA. Chewy also added a record 1.6 million net active customers, which is more than twice its typical quarterly customer growth. Its customer base of 15 million active customers is nearly 33% larger than it was in the year-ago quarter.

Since more of the workspace is digital, companies find themselves using dozens of applications to fulfill their duties, which can limit visibility for those who need to monitor workflows. Ultimately, however, Workday’s business model remains a good one. It’s hard to believe, but I haven’t talked about the cloud-based cybersecurity company in 2020. And what a year it’s been with OKTA stock up 75.5% through July 16. They say the best businesses are those that make or save people time or money. I’m a fan of equal-weighted ETFs, so right away, this is an investment that captures my imagination.

This reflects Workiva's popularity among those large Fortune 500 organizations, and it places the company on a solid foundation of annual recurring revenue. The pandemic not only altered our personal lives, but it has changed the way we do business forever. Technology has been the saving grace for many organizations, allowing them to continue operating in spite of the disruptive environment. The pandemic changed the way people work, and it appears there's no going back. After Zoom use skyrocketed, will ultimately make the company and its product more exceptional. What doesn’t kill you makes you stronger, or so the saying goes.

PYPL is addressing demand for contactless payment with the rollout of QR functionality – which allows touch-free payments to vendors – on its PayPal app. The January acquisition of Honey Science Corp. gives PayPal new tools for contactless payment that expand consumer engagement and sales to merchants. Honey's net new users grew 180% in April compared to pre-pandemic levels. Management told investors that it believes these higher demand levels are sustainable and reflect an accelerating pace of e-commerce adoption that is not likely to revert to pre-pandemic levels. Peloton boasts the world's largest interactive fitness platform with more than 2.6 million members.

Before people wanted access to a nice conference room if they needed to meet with customers. They can also use the old standard business lunch at a restaurant for a meeting. You’ve probably realized now that most of these work from home stocks are tech or software-based companies. Truth be told we wouldn’t be able to work from home if technology was not as advanced as it is. Video calling, cloud computing, cybersecurity, digital certification, all of these are a part of the future of how we work.

It’s also home to a whole host of one-of-a-kind items made with love and extraordinary care. While many of the items on Etsy are handmade, you’ll also find craft supplies, digital items, and more. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool's board of directors.

Regions Etsy does business in:

ETF investing continues to increase in popularity, with an ever-growing... That's the biggest market value gain of any of the 40 holdings in the Direxion Work From Home ETF. Just a quarter of the ETF's holdings are in the S&P 500. That makes it the top-performing stock out of the 40 holdings in the Direxion Work From Home ETF, which started trading on June 25. Nearly half of organizations with office space say they're cutting the amount of physical office space they use due to the coronavirus outbreak, says S&P Global.