Uber Technologies, Inc. (UBER) Is A Winner, Thinks Jim Cramer

Uber Technologies, Inc. (NYSE:UBER) is one of the Jim Cramer Says People Are Getting “Happier” & Discusses These 11 Stocks.

Uber Technologies, Inc. (NYSE:UBER) is the largest ride-sharing company in America. 2025 is proving to be quite a dynamic year for the firm as investor and industry attention focuses on autonomous ride-sharing platforms. In June, the NHTSA made a crucial announcement when it wrote in a letter that it would streamline the process for autonomous vehicles such as Tesla’s Cybercab. Uber Technologies, Inc. (NYSE:UBER)’s shares have gained 33% year-to-date as they have benefited from a 22% jump in February and an 11% jump in May. One notable development in May was JPMorgan increasing the firm’s share price target to $105 from an earlier $92 after holding discussions with the firm’s management. Cramer discussed recent Stifel coverage of Uber Technologies, Inc. (NYSE:UBER):

“Carl two very well written pieces by Stifel today. One is a Buy for Uber . . .[it was] very, very compelling, Uber, stop worrying, stop fretting, about the self-driving. They think they’re a winner. And I think [it].”

In his previous remarks, Cramer advised viewers to buy Uber Technologies, Inc. (NYSE:UBER):

A close up view of a hand holding a smartphone, using a ride sharing app.

“All right, here’s my deal. Lewis, I’ve got to tell you, David Faber talked about this today. You know, David Faber killed it when he was interviewing Elon Musk and there was this thing underneath his picture that said Tesla’s not going to buy Uber. I say you buy Uber. I think Uber is at the right level. It’s down huge since that interview. Buy buy buy.”

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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.