Down Almost 20%, Should You Buy This Growth Stock With $100 Right Now?
The internet has changed how people can work and earn money. And perhaps no other business exemplifies the rise of this so-called gig economy quite like (NYSE: UBER) does. This tech-forward ride-hailing and delivery outfit has become a massive $138 billion business in 15 years.
But it hasn't been a smooth journey. Shares are down 20% from their all-time high (as of May 15), a milestone achieved in February this year.
Is there an opportunity here? Should investors buy this growth stock with $100 right now?
Source Fool.com
Uber Technologies Inc Stock
€63.55
-0.310%
The stock is an absolute favorite of our community with 69 Buy predictions and no Sell predictions.
With a target price of 78 € there is a positive potential of 22.74% for Uber Technologies Inc compared to the current price of 63.55 €.
