Missed Out on Uber? Buy Grab Stock Instead
If you've held Uber Technologies (NYSE: UBER) shares for any meaningful length of time since the beginning of last year, congratulations! You've almost certainly made good money on your trade. Uber stock is up more than 200% since the end of 2022. As you might imagine, however, the big run-up looks like it's running out of steam. A handful of investors even seem to be anticipating a profit-taking pullback.
That doesn't mean you've missed out on the advent of ride-hailing, though. You'll just want to plug into it with a different name that's not nearly as overheated and overpriced. That name is Grab Holdings (NASDAQ: GRAB).
Don't sweat it if you've never heard of Grab. Plenty of investors haven't. Not only is its $12 billion market capitalization anything but head-turning, but the Singapore-based company's service is limited to southeast Asian markets.
Source Fool.com
Uber Technologies Inc Stock
The stock is one of the favorites of our community with 73 Buy predictions and 3 Sell predictions.
With a target price of 92 € there is a positive potential of 42.48% for Uber Technologies Inc compared to the current price of 64.57 €.
