3 Reasons to Buy Uber Stock Like There's No Tomorrow
With a $175 billion market capitalization, Uber Technologies (NYSE: UBER) has become a well-known global enterprise. This is a tremendous accomplishment, considering the business was founded just 16 years ago. Finding a clear need in the market and creating an innovative platform to serve its users has been the key to the company's success.Investors who were able to ride the ups and downs in recent times have been greatly rewarded. The transportation-as-a-service stock is up an impressive 284% in the past three years (as of June 23) but currently trades 11% below its peak. Even after the company's phenomenal gain, investors might still consider buying Uber stock. Here are three reasons why.Continue reading
With a $175 billion market capitalization, Uber Technologies (NYSE: UBER) has become a well-known global enterprise. This is a tremendous accomplishment, considering the business was founded just 16 years ago. Finding a clear need in the market and creating an innovative platform to serve its users has been the key to the company's success.
Investors who were able to ride the ups and downs in recent times have been greatly rewarded. The transportation-as-a-service stock is up an impressive 284% in the past three years (as of June 23) but currently trades 11% below its peak. Even after the company's phenomenal gain, investors might still consider buying Uber stock.
Here are three reasons why.
