UBER PATH TO PROFITABILITY IMPROVING – SHOULD YOU BUY THE STOCK
By Nigam Arora & Dr. Natasha Arora
Uber (UBER) buy zone was previously suspended due to concerns about delta variant, smart money selling, and incentives for drivers.
UBER just reported earnings. Earnings are better than consensus and whisper numbers.
UBER is looking at delivering a positive adjusted EBITDA in Q4. This is very good news.
Smart money is buying UBER after the earnings release.
Zones
For those following the Good Way, the Buy Now rating is ‘YES’ to scale in. Keep in mind that this is a seasonally weak period for the stock market. If the market drops, you will get an opportunity to buy UBER at a better price.… Please click here or the title below to read more.
September 22, 2021