4 Reasons to Buy Uber Stock Like There's No Tomorrow
Ride-hailing outfit Uber Technologies (NYSE: UBER) has done it again: The company just reported another strong quarter of top and bottom-line growth for the fourth quarter of 2023. It's increasingly difficult to argue this industry pioneer's business model isn't viable.
But fiscal viability isn't the same thing as being investment-worthy. Is this stock actually worth owning? For risk-tolerant investors who can stomach above-average volatility, Uber stock is worth buying, even after its recent ascent to record highs. Here are four reasons why.
At its foundation, Uber Technologies helps people get from point A to point B. In many ways, it's comparable to a taxi service.
Source Fool.com
Uber Technologies Inc Stock
€64.52
0.120%
The stock is an absolute favorite of our community with 56 Buy predictions and no Sell predictions.
With a target price of 78 € there is a positive potential of 20.89% for Uber Technologies Inc compared to the current price of 64.52 €.
