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- Looking Beyond the U.S.? 🌏 3 Must-See International Tech Stocks!
Looking Beyond the U.S.? 🌏 3 Must-See International Tech Stocks!
Unlock Global Growth: Discover 3 Top International Tech Stocks to Diversify Your Portfolio Beyond U.S. Giants 🌎📈
Before we take a look at the 3 Must-See International Tech Stocks, check out Bullseye Trading’s exclusive trade alerts—get daily insights in just 5 minutes to elevate your trading game!
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When we think tech, U.S. giants like Apple, Google, and Microsoft often dominate the scene.
But if you're only looking stateside, you're likely missing out on some impressive international players!
Here are three exciting global tech stocks that could be worth a look: Shopify (Canada), Monday.com (Israel), and Fiverr International (Israel).
These companies bring something unique to the table and could add a fresh twist to your portfolio.
Let’s dive in!
1. Shopify 📈 - The E-Commerce Backbone for Entrepreneurs
For independent sellers, Shopify is a game-changer.
This Canadian-based platform has made it easy for anyone, no coding required, to create a custom online store.
Merchants can manage everything in one place – no need to hire an IT guru or pay hefty Amazon fees.
In the first half of 2024, Shopify pulled in $3.9 billion, up 22% year-over-year.
And after some big changes, like selling off its fulfillment business, Shopify even turned a profit in Q2!
Sure, growth is slower than during the pandemic, but e-commerce isn't going anywhere.
Experts think the global e-commerce market could keep growing at nearly 19% annually through 2030.
For long-term investors, Shopify remains a steady contender, backed by a strong business model and impressive growth potential.
2. Monday.com 🗂️ - The Workflow Pro for Small Businesses
If you’ve ever wished for a work platform that hits the sweet spot between simple tools like Office and big corporate solutions, Monday.com is it.
Based in Israel, this company offers flexible, cloud-based software for workflow management that small to midsize businesses love.
Financially, Monday.com is killing it!
In Q2, it reported a 34% boost in revenue and a 43% jump in major clients (those spending over $50k a year).
Plus, with a gross profit margin of over 90%, there’s serious potential for future profitability.
This is an exciting pick for growth-oriented investors looking to tap into the fast-growing world of SaaS tech outside the U.S.
3. Fiverr International 💼 - Freelancers' Trusted Marketplace
Israel also gives us Fiverr, the go-to platform for freelance gigs worldwide.
While Fiverr surged during COVID, its growth has slowed as people returned to traditional jobs.
But here's the twist: Fiverr used that growth spurt to scale up and get profitable.
Now, Fiverr is shifting its focus from small jobs to more complex projects for larger clients, expanding both its service offerings and geographic reach.
Analysts expect Fiverr to earn $2.36 per share this year, a 21% increase from 2023, and its stock currently trades at a low P/E of just 9.6.
With a massive addressable market of $247 billion in the U.S. alone, Fiverr’s potential is far from tapped out.
As its revenue picks up again, this underdog stock could offer a serious upside.
Ready to Dive In?
In a world where U.S. stocks often steal the show, these three international tech players prove there’s value to be found abroad.
Adding a dash of global tech to your portfolio could give you a fresh edge and diversify your investments.
What’s your take on these global stocks?
Do you think Shopify, Monday.com, or Fiverr could make a good addition to your portfolio?
If you enjoyed this look at international tech, spread the word on social media, join the Super Investor's Club for more expert insights, and don't forget to check out The Ultimate Options Strategy Guide for top trading strategies!
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