Jim Cramer Talked About These 13 Stocks

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

Number of Hedge Fund Holders: 166

A caller asked Cramer’s thoughts on Uber Technologies, Inc. (NYSE:UBER). In response, he said:

“I’m thinking that even though Uber’s up 45% for the year, you ain’t seen nothing yet. I think the stock can go much higher over multiple years.”

Uber Technologies (NYSE:UBER) develops technology used in transportation, delivery, and freight. The company connects users to ride services, supports merchants with order delivery, and runs a logistics network for shippers and carriers. Optimist Fund stated the following regarding the company in its Q1 2025 investor letter:

“Uber Technologies, Inc. (NYSE:UBER) – Uber posted its strongest quarter yet, with gross bookings rising 18% year-over-year to $44.2 billion and revenue growing 20% to $12.0 billion. Adjusted EBITDA jumped 44% to $1.8 billion, fueled by record demand across both Mobility and Delivery, while free cash flow reached $1.7 billion. Exceeding its three-year financial targets, the company heads into 2025 with accelerating momentum and emerging upside from autonomous vehicles. Uber’s growing free cash flow profile is attracting broader investor attention—including a recent investment from renowned value investor Bill Ackman. Our investment thesis remains intact.”

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