Zacks highlights Uber, Tesla, Micron; Wall Street buying AI ecosystem stocks after recent selloff

From Nasdaq: 2025-02-03 03:45:00

Zacks Investment Ideas feature highlights Uber Technologies, Tesla, and Micron Technology. Wall Street started buying AI ecosystem stocks after a recent selloff. Uber and Micron are trading at deep discounts, with Uber down 35% and Micron down 50% from price targets. Uber’s stock has dropped 23% from its highs, presenting a buying opportunity. Uber is set to play a significant role in the autonomous driving revolution. Micron stock plummeted 40% following disappointing results, but 24 out of 29 brokerage recommendations rate it as “Strong Buy.” Despite short-term pessimism, Micron offers a great buying opportunity. Micron is projected to grow its revenue by 41% in FY25 and its adjusted earnings by 430%. Visit Zacks for more insights on top stock picks and investment strategies.



Read more at Nasdaq: Zacks Investment Ideas feature highlights: Uber Technologies, Tesla and Micron