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Sept. 22, 2015, 3:31 p.m. EDT

16 ‘sharing economy’ companies that can make you money today

You can’t buy Uber shares, but publicly traded companies are already benefiting from similar trends

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By Philip van Doorn, MarketWatch

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  • Klerk said the expansion of bicycle sharing should benefit JCDecaux SA /zigman2/quotes/205086983/composite JCDXF -5.56% , since it is “one of the largest operators ... globally.” He added that there could be an indirect benefit to bicycle manufactures. Shimano Inc. /zigman2/quotes/200116166/composite SHMDF -1.29%  makes bicycle components, as well as fishing equipment.

  • HomeAway Inc. /zigman2/quotes/216415466/composite AWAY -1.30%  connects travelers with owners and managers of vacation rental properties globally. TripAdvisor Inc. /zigman2/quotes/206118480/composite TRIP -1.00%  operates several websites, in many languages, featuring user-generated reviews of hotels, vacation rental properties, restaurants and other businesses. Klerk said TripAdvisor could “expand its offering to sharing accommodation.”

  • Amazon.com /zigman2/quotes/210331248/composite AMZN +1.20%  is an obvious play on the sharing economy, because of its leading position in the sale of used merchandise.

  • Regus PLC  provides office space and related services worldwide.

  • Lending Club Corp. /zigman2/quotes/202691252/composite LC -2.37%  connects borrowers and lenders “to engage in transactions relating to standard or custom program loans,” including personal, education and business loans, in the company’s words. Investors can buy notes secured by the loans.

  • Visa Inc. /zigman2/quotes/203660239/composite V -1.83%  of course, is one of the leading credit-card payment processors. Klerk says the stock should be considered by investors “expecting structural growth” of peer-to-peer lending.

  • EBay Inc. /zigman2/quotes/204653455/composite EBAY -0.16%  and MercadoLibre Inc. /zigman2/quotes/200678442/composite MELI -1.89%  each provide online marketplaces for the sale of products and services. MercadoLibre operates in Latin America. Klerk said both companies could benefit from growth in the “sharing (and selling) of pre-owned goods.”

  • LinkedIn Corp.  is the best-known online recruitment tool, while Facebook Inc.   and Yelp Inc. /zigman2/quotes/201334325/composite YELP -0.40%  facilitate contact between businesses and consumers.

Here are 10 companies Credit Suisse analysts believe could be hurt by growth of the sharing economy, again sorted by the business subsector affecting the company:

Company Ticker Business subsector Credit Suisse stock rating
Admiral Group PLC Unsponsored ADR /zigman2/quotes/206746187/composite AMIGY Autos Neutral
Direct Line Insurance Group PLC /zigman2/quotes/201952264/delayed UK:DLG Autos Neutral
BMW Unsponsored ADR Autos Underperform
Volkswagen AG Unsponsored ADR Autos Underperform
Berendsen PLC Unsponsored ADR Hotels Neutral
Hyatt Hotels Corp. Class A /zigman2/quotes/207542923/composite H Hotels Underperform
Royal Mail PLC Unsponsored ADR /zigman2/quotes/204522998/composite ROYMY Logistics Underperform
Banco Santander SA Unsponsored ADR /zigman2/quotes/202859081/composite SAN P2P Lending Neutral
BNP Paribas SA Sponsored ADR /zigman2/quotes/208203789/composite BNPQY P2P Lending Neutral
Michael Page International PLC Sponsored ADR /zigman2/quotes/205818607/composite MPGPY Recruitment Underperform
Source: Credit Suisse

Klerk’s report was published before the Environmental Protection Agency’s Earth-shattering charge on Friday that diesel cars sold by Volkswagen AG  included software designed to cheat emissions inspections. The EPA said Volkswagen admitted to breaking the law and that fines could total more than $18 billion. Volkswagen’s ADRs dropped 17% on Monday.

/zigman2/quotes/205086983/composite
US : U.S.: OTC
$ 13.41
-0.79 -5.56%
Volume: 0.00
Sept. 13, 2022 9:56a
P/E Ratio
18.11
Dividend Yield
N/A
Market Cap
$2.72 billion
Rev. per Employee
$320,346
loading...
/zigman2/quotes/200116166/composite
US : U.S.: OTC
$ 160.08
-2.09 -1.29%
Volume: 16.00
Sept. 26, 2022 9:30a
P/E Ratio
13.50
Dividend Yield
N/A
Market Cap
$15.02 billion
Rev. per Employee
$378,179
loading...
/zigman2/quotes/216415466/composite
US : U.S.: NYSE Arca
$ 15.95
-0.21 -1.30%
Volume: 544,678
Sept. 26, 2022 4:10p
loading...
/zigman2/quotes/206118480/composite
US : U.S.: Nasdaq
$ 21.84
-0.22 -1.00%
Volume: 2.27M
Sept. 26, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$3.08 billion
Rev. per Employee
$454,478
loading...
/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 115.15
+1.37 +1.20%
Volume: 62.72M
Sept. 26, 2022 4:00p
P/E Ratio
103.05
Dividend Yield
N/A
Market Cap
$1159.14 billion
Rev. per Employee
$302,178
loading...
/zigman2/quotes/202691252/composite
US : U.S.: NYSE
$ 11.12
-0.27 -2.37%
Volume: 1.61M
Sept. 26, 2022 4:00p
P/E Ratio
4.21
Dividend Yield
N/A
Market Cap
$1.18 billion
Rev. per Employee
$838,871
loading...
/zigman2/quotes/203660239/composite
US : U.S.: NYSE
$ 180.59
-3.37 -1.83%
Volume: 9.91M
Sept. 26, 2022 4:00p
P/E Ratio
28.23
Dividend Yield
0.83%
Market Cap
$380.58 billion
Rev. per Employee
$1.31M
loading...
/zigman2/quotes/204653455/composite
US : U.S.: Nasdaq
$ 38.13
-0.06 -0.16%
Volume: 5.57M
Sept. 26, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
2.31%
Market Cap
$20.98 billion
Rev. per Employee
$928,056
loading...
/zigman2/quotes/200678442/composite
US : U.S.: Nasdaq
$ 799.58
-15.43 -1.89%
Volume: 604,090
Sept. 26, 2022 4:00p
P/E Ratio
169.11
Dividend Yield
N/A
Market Cap
$41.03 billion
Rev. per Employee
$294,863
loading...
/zigman2/quotes/201334325/composite
US : U.S.: NYSE
$ 32.48
-0.13 -0.40%
Volume: 663,610
Sept. 26, 2022 4:00p
P/E Ratio
51.12
Dividend Yield
N/A
Market Cap
$2.29 billion
Rev. per Employee
$254,106
loading...
/zigman2/quotes/206746187/composite
US : U.S.: OTC
$ 21.88
-0.78 -3.44%
Volume: 34,660
Sept. 26, 2022 3:55p
P/E Ratio
12.65
Dividend Yield
7.74%
Market Cap
$6.78 billion
Rev. per Employee
$173,385
loading...
/zigman2/quotes/201952264/delayed
UK : U.K.: London
183.20 p
-7.15 -3.76%
Volume: 1.66M
Sept. 27, 2022 9:35a
P/E Ratio
9.11
Dividend Yield
12.39%
Market Cap
£2.58 billion
Rev. per Employee
£314,674
loading...
/zigman2/quotes/207542923/composite
US : U.S.: NYSE
$ 78.13
-0.67 -0.85%
Volume: 859,355
Sept. 26, 2022 4:00p
P/E Ratio
37.77
Dividend Yield
0.00%
Market Cap
$8.60 billion
Rev. per Employee
$106,568
loading...
/zigman2/quotes/204522998/composite
US : U.S.: OTC
$ 4.28
-0.15 -3.46%
Volume: 7,014
Sept. 26, 2022 3:27p
P/E Ratio
2.55
Dividend Yield
9.24%
Market Cap
$2.05 billion
Rev. per Employee
$96,972
loading...
/zigman2/quotes/202859081/composite
US : U.S.: NYSE
$ 2.34
-0.08 -3.31%
Volume: 7.47M
Sept. 26, 2022 4:00p
P/E Ratio
4.22
Dividend Yield
3.17%
Market Cap
$41.08 billion
Rev. per Employee
$433,981
loading...
/zigman2/quotes/208203789/composite
US : U.S.: OTC
$ 22.29
-0.46 -2.02%
Volume: 727,714
Sept. 26, 2022 3:59p
P/E Ratio
5.52
Dividend Yield
10.66%
Market Cap
$56.16 billion
Rev. per Employee
$541,840
loading...
/zigman2/quotes/205818607/composite
US : U.S.: OTC
$ 15.00
-1.25 -7.69%
Volume: 0.00
Jan. 27, 2022 12:40p
P/E Ratio
11.19
Dividend Yield
1.94%
Market Cap
$2.44 billion
Rev. per Employee
$314,139
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Philip van Doorn covers various investment and industry topics. He has previously worked as a senior analyst at TheStreet.com. He also has experience in community banking and as a credit analyst at the Federal Home Loan Bank of New York.

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