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 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 €.
