Jim Cramer Weighed in on These 17 Stocks

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

Number of Hedge Fund Holders: 145

Uber Technologies, Inc. (NYSE:UBER) is one of the stocks that Jim Cramer weighed in on. A caller asked if they should accumulate shares further or hold on to their position, and Cramer replied:

“Isn’t this interesting? Think about what you asked. This is the kind of thing that is fascinating to me. Now, Peter (the caller) asked, should he stay or should he sell? But you know what he should be doing? [buy, buy, buy] He should be buying. That’s the kind of skepticism I like, healthy skepticism, but the stock is worth buying right here.”

Uber (NYSE:UBER) provides technology-driven platforms that connect users to transportation, delivery, and freight services. The company enables ridesharing, food and retail delivery, and logistics solutions for its users. During the July 9 episode of Mad Money, Cramer said that its “fundamentals are excellent.” He commented:

“I think that Uber, we’re going to look at the fundamentals, and the fundamentals are excellent. I don’t think it’s going to be contained by $100. I have great ambitions for Uber in my head and think it’ll be up for multiple years, and you should own the stock.”