7 Stocks that Work in the Great Resignation

Joseph Hogue
•December 27th, 2021
DESCRIPTION
The Great Resignation is changing how we work and investors need to be in front of this biggest trend of the decade with these gig economy stocks. Get your free stocks on MooMoo with the link here https://mystockmarketbasics.com/moomoo
In this video, I’ll show you what’s driving the Great Resignation and growth in the gig economy. I’ll share two remote work ETFs for instant exposure into the theme and how to find other work from home stocks. I’ll then show you how to analyze growth stocks and reveal five more gig economy stocks to watch for the work from home revolution.
More than 38 million Americans have quit their job in the first 10 months of the year with a record-breaking 4.4 million in September alone. We’re talking the great resignation, the mass exodus of workers to become freelancers and putting that gig economy into overdrive. According to a study by Upwork, more than 59 million Americans freelanced this year, more than a third of the entire workforce and this trend is just getting started.
It’s a gold rush for workers, being able to control their own hours and earnings, but like any gold rush…for investors you want to be providing the picks and shovels. Investing in the companies providing the services that make this gig economy possible.
Of course the problem is, most of these stocks are already extremely expensive. Revenue growth of thirty- and forty-percent a year has attracted a wave of investors, pushing stocks up to records. Stocks in the theme are up nearly 150% since early last year . You need to know how to value these stocks and which to buy.
There are two exchange traded funds, ETFs, that invest broadly in stocks across the theme. Not only are these going to be a good start to your portfolio but it’s a great way to find stocks to research further. First is the Direxion Work from Home ETF, ticker WFH , a fund of 40 stocks driving adoption of remote work including emerging technologies in cloud, cybersecurity, project management and remote communications. The SOFI Gig Economy ETF, ticker GIGE , offers a different focus with 70 stocks targeted more to the user or freelancer side of the theme. Here you’re really getting into the companies providing that picks and shovels for enabling freelancers and gig workers themselves to make the transition. Within the top 10 stocks, you’ve got popular work from home companies like Shopify, Roblox and Square and just like the other fund, you can download a full list to see every stock it’s holding.
🤑 Get The Weekly Bow-Tie - my FREE weekly email newsletter sharing market updates, trends and the most important news! Market Updates for the Smart Investor! https://mystockmarketbasics.com/dailybowtie
My Investing Recommendations 📈
📊 Download this Portfolio Tracker and Investing Spreadsheet! [Community Discount Code] https://mystockmarketbasics.com/spreadsheetdiscount
Free Webinar – Discover how to create a personal investing plan and beat your goals in less than an hour! I’m revealing the Goals-Based Investing Strategy I developed working private wealth management in this free webinar. Reserve your spot now! https://mystockmarketbasics.com/free-investing-webinar
STOP losing money trading stocks! This workshop on technical analysis and stock trading will give you everything you need to trade like a pro! Make more profitable trades and make MORE money! Exclusive community discount - click to save 30% https://mystockmarketbasics.com/tradestockspro
Sponsorship Disclaimer: This video was made possible in partnership with MooMoo. While this video is sponsored by moomoo, the views expressed herein are that of Joseph Hogue. Moomoo and its affiliates do not provide investment advice. Moomoo provides access to a commission-free trading platform for more than 17 million users. 0$ commission available to US residents purchasing US securities. Free stock $3500 value based on current market prices; T&C apply https://www.moomoo.com/support/topic490
Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
#tradelikeapro #moomooapp #stocks

Never miss a video from Joseph Hogue
Subscribe to get notified when new content drops.