It’s not exactly a secret. The market has had a tough time lately. Stocks have been all over the place, facing fresh volatility due to ongoing concerns about the COVID-19 pandemic, inflation, months of mixed job report numbers, and the possibility of another correction. This past earnings season there was a consistent pattern noted by investors; companies reported strong growth, albeit sometimes slowed from the earlier days of the pandemic, and shares still fell promptly.
Volatility has plagued many sectors of the stock market lately. But does this mean investors should run for the hills? Absolutely not. Right now, forward-thinking, long-term investors have a prime opportunity to buy great stocks with high-quality businesses at a serious discount. And these days, bargain stocks are in abundant supply.
If you’re going bargain shopping as we close out 2021 and head into the New Year, these are five unstoppable stocks to consider adding to your portfolio at a discount.
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1. Fiverr
As “The Great Resignation” drags on and Americans keep quitting their jobs in record numbers, many are turning to freelance work as a means of achieving more flexibility with their career and pursuing financial freedom. Shares of the freelance marketplace Fiverr International (NYSE:FVRR) are down 47% over the past year, but its business continues to thrive.
In the most recent quarter, the company reported that revenue was up 42% year over year while active buyers and active spending per buyer popped by respective amounts of 33% and 20% from the year-ago period.
In a recent study surveying more than 1,000 U.S. hiring managers and human resource professionals, Fiverr found that 54% of them “said that workers leaving their companies are not reentering the workforce — and instead they are choosing to work for themselves.” The study also found that 30% “said that people are leaving their jobs more now than pre-COVID because they want more flexibility.”
As one of the largest freelance platforms around, Fiverr will continue to benefit from this rapidly changing workforce as people question when, where, and how they want to make money, not only during a once-in-a-lifetime pandemic but beyond. Now looks like a great time for patient investors to scoop up this premium stock on sale.
2. Teladoc
Few stocks garnered the hype that Teladoc Health (NYSE:TDOC) did in the earlier days of the pandemic, but the shares have now fallen considerably from their all-time high — down a whopping 54% over the past year. Yet, as has been the case with many fallen stocks this year, Teladoc’s business and growth prospects still look great.
Teladoc is the industry …….
Source: https://www.fool.com/investing/2021/12/24/5-struggling-stocks-to-buy-at-a-discount/
