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According to brodmin’s research and data provided by Mastercard Incorporated (NYSE:MA), the global gig economy is expected to be worth almost $350 billion in 2021. Moreover, investors’ interest in the gig economy stocks is evident from the SoFi Gig Economy ETF’s (GIGE) 6.4% return over the past month.
So, it could be wise to add gig economy stocks such as Uber Technologies, Inc. (NYSE:UBER), Lyft, Inc. (LYFT), and Upwork Inc. (UPWK) to your watchlist. Wall Street analysts expect them to rally by more than 45% in the near term.
