“3 Hated Stocks Wall Street Gave Up On”
UBER is undervalued relative to its consistent growth and dominant position as a mobility/food delivery aggregator, which will persist despite fears of autonomous vehicle competition.
All right, the second stock that I wanted to bring to the market, and I've actually got another tag along here, is Uber. And Uber is one of these companies that I've been bullish on all year, but $150 billion market cap, price earnings multiple is only about 16 on forward basis, it's similar, it's about 17.
So pretty reasonable valuation for a company that is consistently growing not only in double digits, but in excess of 20%.