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3 Reasons to Buy Uber Stock Like There's No Tomorrow


Are you on the fence about owning a stake in Uber Technologies (NYSE: UBER)? It's understandable if you are. The ride-hailing business still feels like it's on wobbly footing. Uber stock isn't exactly cheap, either, particularly following its 150% run-up over the past 12 months.

On balance, however, the argument for stepping into a new position in Uber is stronger than the argument against it. You'll just want to be a little patient if you're ready and willing to take that swing. To this end, here are the top three reasons you might want to buy Uber stock now.

On the off-chance you're not familiar, Uber is a ride-hailing company. It's tantamount to a taxi service; it's just managed more efficiently by the use of technology and contracted drivers.

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Source Fool.com

Uber Technologies Inc Stock

€62.88
-2.850%
We can see a decrease in the price for Uber Technologies Inc. Compared to yesterday it has lost -€1.840 (-2.850%).
With 57 Buy predictions and not a single Sell prediction Uber Technologies Inc is an absolute favorite of our community.
As a result the target price of 77 € shows a positive potential of 22.46% compared to the current price of 62.88 € for Uber Technologies Inc.
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