Best Gig Economy Stocks to Monitor Amid its Growing Popularity
From Nasdaq: 2025-05-15 08:53:00
The gig economy has transformed traditional employment, offering workers flexibility in work hours and workspace. Companies like Uber, Lyft, DoorDash, Upwork, and Fiverr are embracing this trend. Despite the lack of job security, the gig economy market is expected to reach $648.8 billion in 2025, with a projected growth rate of 16.2% by 2033.
Amazon plays a significant role in the gig economy, offering flexible work opportunities through programs like Flex, DSP, MTurk, and AWS. Lyft provides a platform for drivers to earn income with flexible schedules. Angi connects homeowners with service professionals, highlighting the evolution of the gig economy into home services.
Director of Research Sheraz Mian identifies a company targeting millennials and Gen Z with significant revenue potential. The company has experienced recent growth and offers an ideal investment opportunity. For more insights and stock recommendations, explore Zacks Investment Research.
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