fbpx
QQQ
+ 4.58
299.52
+ 1.51%
DIA
+ 5.52
304.13
+ 1.78%
SPY
+ 6.84
369.88
+ 1.82%
TLT
+ 0.27
138.37
+ 0.19%
GLD
+ 0.05
159.02
+ 0.03%

Josh Brown Discusses Bernstein's Bullish Call On Uber

December 22, 2020 5:01 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Josh Brown Discusses Bernstein's Bullish Call On Uber

On CNBC's "Fast Money Halftime Report," Josh Brown spoke about Uber Technologies Inc (NYSE:UBER), which was named as a stock to own in 2021 by Bernstein. The analyst also raised Uber's price target to $60.

Brown thinks the stock is going higher. If you think Uber is going to make $18 billion in revenue in 2021 and more than $23 billion in 2022, then it's one of the cheapest of the large-cap technology growth stocks. He believes it could work well in the re-opening. It needed the vaccine and now it has it.

Uber's stock closed Tuesday up 3.8% at $53.78 per share.


Related Articles

'Halftime Report' Final Trades: Coca-Cola, Uber And More

On CNBC's "Fast Money halftime Report," the investment committee gave their finals trades of the day. Hightower Chief Investment's Stehpanie Link likes Coca-Cola Co (NYSE: KO), and notes this is a reopening stock and the company has great product innovation. read more

'Fast Money Halftime Report' Traders Advise Viewers On Uber, Zillow And More

On CNBC's "Fast Money Halftime Report," Josh Brown said his intention is to hold Uber Technologies Inc (NYSE: UBER) for the intermediate-term, like a couple of years. read more

Is 2020 The Year Of Uber? 2 Pros Discuss Key Issues

Kinahan Says Millennials Are Buying The Stocks They Know, Like Beyond Meat And Tesla