Ignore Uber: Here Are 3 Better Technology Stocks
Some investors may be tempted by Uber's (NYSE: UBER) stock because of the company's dominant position in the ridesharing market. But its share price is down by about 30% since its IPO, it lost $1 billion in its most recent quarter, and it faces intense battles over its policy of treating its drivers as independent contractors rather than as employees. All of these factors will make the company a wildcard investment for the foreseeable future.
So if you'd like to invest in great companies with lots of long-term growth potential -- and a lot less uncertainty -- forget Uber. Instead, take a look at what PayPal Holdings (NASDAQ: PYPL), Apple (NASDAQ: AAPL), and Shopify (NYSE: SHOP) are doing.
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Source Fool.com
