1 Millennial-Focused Stock to Avoid No Matter What
Millennials (those between the age of 25 to 40) overtook baby boomers as America's largest generation two years ago. This core adult cohort spent $1.4 trillion worldwide last year, and they are some of the biggest supporters of the growth of tech platforms that have upended entire industries.
Millennials' usage of social networks disrupted traditional advertising platforms, their love for streaming media services accelerated the death of cable TV, and their desire for commission-free stock trades fed the rise of Robinhood.
Last month, I highlighted three companies that could profit from those shifting trends. But today, I want to examine one millennial-focused stock that doesn't deserve your money: Uber Technologies (NYSE: UBER).
Source Fool.com
