These 2 Magnificent Stocks Are Soaring in 2024. This 1 Must-Know Trait Makes Them Smart Buys Right Now.
As the market hits new all-time highs, the favorable environment and upbeat investor sentiment has lifted certain growth stocks more than others. Two dominant industry-leading companies are surging right now amid the momentum.
I'm talking about Airbnb (NASDAQ: ABNB) and Uber Technologies (NYSE: UBER). The alternative accommodations stock is up 18% this year, while the ride-hailing and delivery company's shares are up 24% since the start of 2024 (as of March 15).
These companies make for solid investment candidates right now, especially since they possess one very attractive trait. Let's take a closer look at Airbnb and Uber.
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 €.