Upwork Stock Is a Buy
Gig economy talent management platform Upwork (NASDAQ: UPWK) recently put the final touches on its 2019 report, and the year ended on a high note. Revenues picked up pace as did adjusted profits, and the outlook for the new year wasn't bad either.
However, the leader in online access to remote and freelance independent professionals has been dealing with longer-term decelerating growth, and the recent IPO and fast expansion of rival Fiverr (NYSE: FVRR) hasn't helped.
Nevertheless, now down over 40% from its own IPO in 2018, this small-cap growth stock remains on my buy list.
Source Fool.com