5 Most Promising Future Stocks to Buy Right Now

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

Number of Hedge Fund Holders: 153

Uber Technologies, Inc. (NYSE:UBER) is one of the most promising future stocks to buy right now. Reuters reported on June 21 that, according to a report by The Information, Lime has plans to name Uber Technologies, Inc. (NYSE:UBER) as an anchor ‌investor in its U.S. initial public offering. It further stated that Uber Technologies, Inc. (NYSE:UBER) is anticipated to invest a “meaningful” amount in the deal, and even be named as an “anchor investor on ⁠the cover of an updated IPO prospectus that ​Lime plans to file on Monday.”

Reuters further reported on June 22 that Lime, backed by Uber Technologies, Inc. (NYSE:UBER), is seeking a valuation of up to $1.66 billion in its U.S. IPO as it looks to capitalize ‌on improving investor appetite for new listings. It further reported that a rebound has been observed in the IPO market, which was caused by the volatility due to the Iran war, and many hopeful issuers are pushing ahead “with their plans to go public ​as strong equity markets and blockbuster IPOs shore up investor demand”.

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. It is pioneering the introduction of autonomous vehicles to move people and goods more reliably, efficiently, and affordably.