Ignore Uber, These 3 Stocks Are Better Buys
Uber Technologies has traveled along a rocky road since going public in May 2019, generating a lot of headlines but few profits. The business has grown in recent years, providing nearly 7 billion trips annually, but the stock has been an underachiever.
Uber is best known as a ride-hailing service, but the company has been aggressively expanding into food delivery and freight services. Those are all businesses with great potential, but so far it has not been a formula for sustained earnings.
Time will tell whether Uber turns into the growth stock bulls hope it will be. In the meantime, here's why three Motley Fool contributors are ignoring Uber and focusing on XPO Logistics (NYSE: XPO), General Motors (NYSE: GM), and Stable Road Acquisition Corp. (NASDAQ: SRAC) instead.
Source Fool.com
