Upwork Inc.Long
Upwork is now both a value stock and a growth stock
Value stocks are companies with earnings yields twice the treasury yields and clean balance sheets.
Growth stocks are companies that are growing earnings at a high rate.
Upwork has a 10 forward PE for this current year 2024 and is expected to grow over the next 5 years at roughly 20% plus. It has more cash than debt on the balance sheet, making the stock price even cheaper than it looks.
The Value traits make stocks attractive because it means there is less downside risk and a built it expectation of return from earnings currently.
The growth traits mean there is potential high future rewards if the higher earnings materialize and the market assigned a high multiple on those earnings in the future.
If and when Upwrok earns over 2 dollars eps, it could be worth 40-90 dollars in 2029 and the business could still continue to grow.
Growth stocks are companies that are growing earnings at a high rate.
Upwork has a 10 forward PE for this current year 2024 and is expected to grow over the next 5 years at roughly 20% plus. It has more cash than debt on the balance sheet, making the stock price even cheaper than it looks.
The Value traits make stocks attractive because it means there is less downside risk and a built it expectation of return from earnings currently.
The growth traits mean there is potential high future rewards if the higher earnings materialize and the market assigned a high multiple on those earnings in the future.
If and when Upwrok earns over 2 dollars eps, it could be worth 40-90 dollars in 2029 and the business could still continue to grow.
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