Prediction: This Cratering Stock Will Rebound and Be Worth More Than Palantir by the End of 2025
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Over the last year, shares of ride-hailing tech company Uber Technologies (NYSE: UBER) have gained roughly 9%. This performance is well below that of the S&P 500 and Nasdaq Composite, but I wouldn't be so quick to write Uber off.Below, I'm going to detail what's going on with Uber stock and explain why I think shares are positioned for a healthy rebound in 2025. In fact, I think by the end of the year Uber will be more valuable than the S&P 500's top-performing stock in 2024, Palantir Technologies (NASDAQ: PLTR).Last year carried a lot of ups and downs for Uber investors. Through August and September, shares of Uber had actually declined by about 7% on the year. However, the stock swiftly rebounded and soared as high as 37% by October. It really wasn't until December when shares of Uber started to crater.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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