Uber (UBER) is one of those stocks that honestly generates strong opinions from everyone. From drivers, riders, regulators, and investors, because most of us have interacted with its variety of services at some point.
But for shareholders, the point is not whether Uber is popular or controversial. The real point is whether the business is compounding.
Jim Cramer clearly revealed his position on Monday, Aug. 17, in the "Mad Money" Lightning Round.
"I do say Uber is one great long-term stock. I am not backing away from that. The stock is turning here at 22 times earnings," Jim Cramer said.
I am a buyer of Uber, not a holder, not a seller.
#uber #cramer #round
But for shareholders, the point is not whether Uber is popular or controversial. The real point is whether the business is compounding.
Jim Cramer clearly revealed his position on Monday, Aug. 17, in the "Mad Money" Lightning Round.
"I do say Uber is one great long-term stock. I am not backing away from that. The stock is turning here at 22 times earnings," Jim Cramer said.
I am a buyer of Uber, not a holder, not a seller.
#uber #cramer #round
17 hours ago
