2024-04-27 06:07:51 ET
Summary
- Uber is set to report 1Q24 earnings in early May, and I think the stock is a buy ahead of earnings.
- In my opinion, Uber's diversification across its mobility and delivery segments will help it expand its market share in both globally.
- Uber's introduction of initiatives to monetize its mobility service and its global presence give it an edge over the peer group.
- I share my thoughts on Uber here and why I think it has more upside in 2024.
Investment Thesis
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Uber: Your Driver Is Here - Initiating With A Buy