We recently published a list of 10 Stocks Wall Street is Talking About These Days. In this article, we are going to take a look at where Uber Technologies, Inc. (NYSE:UBER) stands against other stocks Wall Street is talking about these days.
Gene Muster from Deepwater Asset Management said in a recent interview with CNBC that investors should take a “targeted” approach while investing in major tech companies and look for “pockets” of opportunities.
“I think that when you answer the question more holistically, there’s still—if you look at, uh, we looked at 20 different companies, tech companies, and their reporting season and graded each of them—and of the six Mag Seven, five of the six we gave an A grade, and so there’s still this outperformance that you’re seeing with the fundamentals on these companies, but that doesn’t mean that the best opportunities to invest is necessarily with them, and so again, more of a targeted approach.”
Munster also talked about some major tech companies and said he believes Jensen Huang’s AI chip giant is still “cheap” when it comes to its stock price. However, the analyst advised investors to look for smaller companies:
“You have to be uh strategic in terms of what you’re buying. If you wanted to buy a basket, I would buy a basket of smaller tech companies, sub 500 billion dollars, and focus on those. It’s probably where your bigger outperformance is.”
For this article, we picked 10 stocks currently making moves on Wall Street. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In.
Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Investors: 136
Ben Harwood from New Street Research said in a latest program on Schwab Network that Tesla could pose a challenge to Uber Technologies, Inc. (NYSE:UBER) when it comes to the self-driving business:
“But of course the risk is that it opens up the market to some of these new entrants like Waymo, like Tesla. So far, as I mentioned, the company’s been able to navigate that risk very well, partnering with leading robotaxi companies. The benefit for Uber Technologies Inc (NYSE:UBER) is it gets access to that technology. The benefit for the robotaxi companies—they get access to Uber’s scale, Uber’s customer base. It can scale the technology without having to invest massively in terms of ramping this technology. However, the big unknown and big risk today is Tesla, and we know how Elon likes to approach things. He’ll go with a Tesla-first approach, and we see Tesla as one that could potentially scale without Uber Technologies Inc (NYSE:UBER). They’re launching in Austin in a couple of months, and we need to see how the reception of that product is. But largely an opportunity with a bit of a threat there.”
Ithaka US Growth Strategy stated the following regarding Uber Technologies, Inc. (NYSE:UBER) in its Q1 2025 investor letter:
“Uber Technologies, Inc. (NYSE:UBER) employs a marketplace-based technology platform used to match drivers and their vehicles with individuals, products, and packages moving from point A to point B. The company offers its ~6M independent contractors (drivers) access to its 170M monthly active users (riders), providing both parties real-time access to logistics services. Uber’s business consists of three segments: Mobility, Delivery, and Freight. These businesses combined for ~$160B in annual bookings across 11.3B trips in 2024. During the company’s fourth quarter earnings announcement CEO Dara Khosrowshahi laid out his vision why Uber will play an important role in the future where cars are largely autonomous. This written piece helped remove an overhang on the stock and got investors comfortable with Uber’s future prospects. Additionally, the stock was helped by the announcement that renowned investor Bill Ackman had taken a position in the company as a top 15 shareholder.”
Overall, UBER ranks 6th on our list of stocks Wall Street is talking about these days. While we acknowledge the potential of UBER our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than UBER but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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