Sitting on Cash? These 2 Stocks Are Great Buys.
The markets have ground their way through a murky economy in 2023. Despite the S 500 index returning 17% year to date, elevated inflation and higher interest rates linger. Investors should remain selective about where they invest their money. Sticking with companies with near-term catalysts for growth is probably the best place to look for future winners.
To give you some ideas, here are two leading stocks in the burgeoning markets of ride-sharing and artificial intelligence (AI) that could be timely buys right now.
Uber Technologies (NYSE: UBER) stock is starting to pick up momentum again after a period of slowing growth. Share prices are up 120% this year, and the company's improving margins and profitability means it's not too late to buy the stock.
Source Fool.com
Uber Technologies Inc Stock
The stock is one of the favorites of our community with 80 Buy predictions and 2 Sell predictions.
With a target price of 80 € there is a positive potential of 29.07% for Uber Technologies Inc compared to the current price of 61.98 €.
