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The ridesharing stock is up, but its value is now questionable.
Uber (UBER -0.47%) is now a solidly profitable company, but is the stock cheap enough to own? Travis Hoium answers that question in the video below.
*Stock prices used were end-of-day prices of April 11, 2024. The video was published on May 13, 2024.
Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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