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
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 €.