From Nasdaq: 2024-11-16 04:35:00

Nvidia has seen a 200% increase in shares this year, thanks to the AI boom. Fiverr (NYSE: FVRR) is another company poised to benefit from the demand for AI services. After a strong third quarter, Fiverr’s shares jumped by 30% in one day, signaling potential long-term growth opportunities.

Fiverr’s freelancing platform connects businesses with specialized freelancers, including AI experts. The company’s AI tools, like Dynamic Matching, help businesses find the right talent for their projects. Fiverr’s focus on AI and efficiency has led to profitability, with revenue increasing by almost 8% year over year.

Fiverr’s work in AI and its position in the gig economy make it a strong long-term investment. The gig economy offers flexibility for workers, driving its continued growth. Fiverr’s acquisition of AutoDS expands its reach into a fast-growing industry, further solidifying its potential for growth and success.

Investors should consider the long-term potential of Fiverr International as it continues to innovate in AI and expand its presence in the gig economy. While not included in the 10 best stocks to buy now, Fiverr’s growth prospects make it a promising investment opportunity for those looking for strong returns in the coming years.



Read more at Nasdaq: 1 Soaring Artificial Intelligence (AI) Stock to Buy and Hold for 10 Years (Hint: It’s Not Nvidia)