A Bull Market Could Be Here: 4 Reasons to Buy Uber Stock
Stocks are peeling back from their new 52-week highs hit just last week. But there's nothing particularly unusual or alarming about the weakness. The market ebbs and flows, and this just looks like a garden-variety bearish ebb following a few weeks of bullish flow.
At the same time, given how we've avoided one for this long, there's a good chance we'll be able to sidestep a recession that rekindles last year's bear market. In other words, a bull market could be here. That should buoy most stocks.
It will lift some tickers more than others, though. One of the names poised for better-than-average gains is ride-hailing company Uber Technologies (NYSE: UBER). Here are the four top reasons it could outshine other names in a bull market.
Source Fool.com
Uber Technologies Inc Stock
With 56 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 78 € shows a positive potential of 21.27% compared to the current price of 64.32 € for Uber Technologies Inc.
