Top 6 US Working From Home Stocks

Helping workers share and collaborate in a distributed working environment.

• To succeed in the rapidly changing work landscape, you’ve got to be able to combine the productivity and collaborative benefits of on-site work, with the flexibility of remote work. DropBox takes one of the hardest things about working from home - sharing numerous large files across teams - and makes it straightforward. With DropBox and its newly implemented Capture, Replay and Shop products all provide users with the ability to share, provide feedback and collaborate on work asynchronously, effectively bridging the gap between on-site and remote. Given 35% of DropBox’s paying users are on team plans, it’s important for DropBox to meet the needs of these businesses as it provides opportunities to grow revenue as these businesses expand.
• DropBox has partnered with software giants like Google, Microsoft, Zoom, Atlassian, and Salesforce in strategic partnerships to expand their customer base and get product exposure. Aligning their product with other channels that accommodate distributed work will mean that they should see continued growth as working life evolves.

Market-leading eSignature solution allowing documents to be securely signed from home.

• One of the greatest drawbacks of remote working was the inability to securely sign documents. DocuSign set out to provide the answer to this and is now synonymous with distributed work. The company’s robust eSignature solution has been integrated into over 400 applications most commonly used by millions of businesses across a number of sectors. Helping a wide range of industries that aren’t congruent to remote work to function efficiently when they would otherwise experience disruption.
• Through recent acquisitions, DocuSign has expanded its product offering to include a Contract Lifecycle Management software which allows for businesses to generate and track agreements from a centralized repository. This has helped drive growth in enterprise customers seeking a cloud-based solution that can be utilized and accessed from anywhere.

Video calls and Zoom Apps allows businesses to function with workers dispersed.

• When COVID first took hold, forcing workers to go remote, Zoom quickly became a household name. It softened the transition between on-site and remote work by allowing the meetings, conferences and webinars to go ahead without skipping a beat. Even now that COVID lockdowns have subsided, the growing number of businesses that allow remote or hybrid working arrangements has allowed Zoom to maintain a retentive group of enterprise customers.
• Zoom Apps allows developers to augment the existing functionality of Zoom by building apps to meet their workflow needs. This gives Zoom a ‘one size fits all’ advantage where business customers won’t need to look elsewhere to find a product that meets a specific need of their workforce if they continue to work from home.

Helping out pet owners provide for their furry friends without having to leave the home office.

• Working from home means that dropping by the pet store on the way from home is no longer an option. Through Chewy’s Autoship, customers are now able to set up recurring deliveries for the essential pet items so that their transition from working to leisure does not have to involve a dreaded trip to the store. By shifting the purchasing experience to effectively a subscription based model, Chewy is able to retain more active customers.
• Chewy has expanded its product offerings to include a pet pharmacy where customers can place an order online for prescription medicine for their pet. Orders will be placed and prescriptions will be sent electronically to partnered vets for approval. Once approved the customers will receive the medication without having to take time off work or leave the side of their pet in need.

Slack acquisition makes quick communication a breeze.

• When it comes to quick communication among co-workers and teams, sometimes there were questions you had that were too brief for an email or meeting. In these cases it was sometimes easiest to visit a coworker at their desk and resolve the query in a matter of seconds, but when working from home, this is clearly no longer an option. Salesforce was aware of this and made the decision to add to their extensive suite of cloud-based solutions by completing their acquisition to date, acquiring the collaborative messaging app Slack in a $27.7B deal. Slack provides seamless communication between co-workers, teams and organizations allowing businesses to maintain the momentum that’s usually afforded by face-to-face communication while also combining file, link and image sharing. The deal should provide significant benefits in a remote working environment as it allows Salesforce to provide a simplified solution to business management and communication.

Furnishing home and offices in a changing working environment.

• The Harvard Business Review expects only a 1% reduction in the amount of office space used by firms, even though the anticipated reduction in the on-site days for workers offered the flexibility to work from home is as high as 30%. This insight reveals that office spaces aren’t going away but the way we use them is undergoing a fundamental shift. Workers dividing their time between the office and home provides Steelcase with an opportunity to service enterprise and individual consumers simultaneously. Should more workers switch to working from home part-time, Steelcase is presented with a valuable growing market for people requiring high quality office furniture. Increasing their presence in the individual consumer space.
• Working from home has made it clear to many workers that privacy is important to us. Even in firms that require a lot of collaboration, we have found that a separate space can help focus and productivity. Steelcase is exploring this idea by building new product lines to offer on-site workers greater privacy when they need it.