It's safe to say that 2022 won't go down as the year of growth stocks. Not only did they substantially underperform the broader market, but several developments, such as interest rate hikes, could continue to affect this category of equities. That's why it's even more important for investors to carefully select which growth stocks to buy.

With that in mind, let's look at two companies with diverging investment prospects: Fiverr (NYSE: FVRR) and Peloton (NASDAQ: PTON). These two stocks emerged as some of the most exciting growth stocks during the early days of the pandemic, but as things stand today, the former looks like an excellent stock to buy, while the latter seems like a sinking ship no one should board. 

Fiverr runs a platform that helps connect freelance workers with those seeking their services, making it an important player in the gig economy. Consider what it takes for businesses to hire full-time permanent employees.

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Source Fool.com