Is Another Trillion-Dollar Stock Hiding in Plain Sight?
For the last several months, financial headlines have been dominated by Big Tech's progress in artificial intelligence (AI). One of the more subtle tech success stories in 2023 is Uber Technologies (NYSE: UBER), a stock that is up an eye-popping 95% year to date.
Despite this momentum, several on Wall Street believe the best is yet to come. Uber stock could very well be headed to all-time highs. Moreover, after learning more about its business, some investors may be compelled to hold the stock for the long term, as Uber could be headed toward a very exclusive club.
Uber is definitely one of the pioneers of the gig economy. But what started off as a new, innovative way to hail a taxi has evolved into much more than on-demand rides.
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 24.0% for Uber Technologies Inc compared to the current price of 66.13 €.
