4 Reasons to Buy Uber Stock Like There's No Tomorrow

Uber Technologies (NYSE: UBER) and its industry-leading mobility platform went public in 2019 at a price per share of roughly $45. At the time, it had an operating loss of over $4 billion annually. Today, Uber's share price is has risen to about $60. However, and much more importantly, the company delivered an operating income of $2.7 billion last year.Free-cash-flow (FCF) generation tells a similar story. The company went from burning around $4 billion per year early in its publicly traded history to generating $6 billion in FCF over the trailing 12 months.Thanks to its five-year transformation from a "unicorn" start-up company to a more mature (and profitable) enterprise -- yet only seeing a minimal share price increase -- now may be the time to buy the new-look business.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool