3 Reasons to Buy Uber Stock Like There's No Tomorrow
Are you on the fence about owning a stake in Uber Technologies (NYSE: UBER)? It's understandable if you are. The ride-hailing business still feels like it's on wobbly footing. Uber stock isn't exactly cheap, either, particularly following its 150% run-up over the past 12 months.
On balance, however, the argument for stepping into a new position in Uber is stronger than the argument against it. You'll just want to be a little patient if you're ready and willing to take that swing. To this end, here are the top three reasons you might want to buy Uber stock now.
On the off-chance you're not familiar, Uber is a ride-hailing company. It's tantamount to a taxi service; it's just managed more efficiently by the use of technology and contracted drivers.
Source Fool.com
Uber Technologies Inc Stock
The stock is one of the favorites of our community with 77 Buy predictions and 2 Sell predictions.
With a target price of 82 € there is a positive potential of 23.53% for Uber Technologies Inc compared to the current price of 66.38 €.
