Is Uber Technologies, Inc. (UBER) the Best Growth Stock to Buy According to Billionaires?

From Yahoo Finance: 2025-04-14 14:01:00

In a recent article, Uber Technologies, Inc. (UBER) was evaluated against other best growth stocks to buy according to billionaires. Market sentiment has shifted, with a 19% decrease in the S&P 500 from its all-time high. Fundstrat’s Tom Lee believes there’s a window for stocks to rebound pending tariff de-escalation.

Lee stated the market is currently pessimistic, pricing in a 60% probability of a recession. However, he believes a rebound is possible if tariffs de-escalate. Lee emphasized the importance of confidence in US companies to navigate market volatility.

Using the Finviz stock screener and Seeking Alpha, a list of the 10 best growth stocks to buy according to billionaires was compiled. Uber Technologies, Inc. (UBER) stood out with a 36.07% sales growth over three years, 166 hedge fund holders, and 22 billionaire investors.

Uber Technologies, Inc. (UBER) is viewed as a promising investment by analysts and billionaires alike. The company’s strong performance in the fourth quarter of 2024, with an 18% increase in gross bookings and a 20% rise in revenue, positions it as a top growth stock to consider.

Hardman Johnston Global Equity Strategy sees Uber Technologies, Inc. (UBER) as a market leader with a 65% market share across all categories. They anticipate sustained revenue growth from the company’s expansion and product innovation. Uber ranks 2nd on the list of best growth stocks to buy according to billionaires.

Analysts remain bullish on Uber Technologies, Inc. (UBER), citing its competitive advantages and sustained revenue growth potential. Despite its promising outlook, other AI stocks may offer higher returns in a shorter time frame. Investors looking for AI stocks with significant upside potential can explore alternative options.

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