10 High Growth NYSE Stocks That Are Profitable

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1. Uber Technologies, Inc. (NYSE:UBER)

5-Year Revenue Growth Rate: 31.81%

TTM Net Income: $12.63 billion

Number of Hedge Fund Holders: 152

Uber Technologies, Inc. (NYSE:UBER) is one of the best high growth NYSE stocks that are profitable. On August 28, Uber Technologies, Inc. (NYSE:UBER) announced a new nationwide partnership with Dollar Tree, bringing nearly 9,000 Dollar Tree stores to the Uber Eats platform.

The partnership would allow American customers to take benefit from Dollar Tree’s shopping experience and affordable everyday items through on-demand delivery. Customers can access Dollar Tree’s value-driven essentials, party supplies, snacks, and seasonal surprises as thousands of Dollar Tree stores join the Uber Eats app.

Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services.

The company’s operations are divided into Delivery, Mobility, and Freight. The Delivery segment allows users to order food, while the Mobility segment provides access to Mobility Drivers who provide rides in various vehicles. The Freight segment connects Carriers and Shippers.

While we acknowledge the potential of UBER to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UBER and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

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