Core Viewpoint - Jim Cramer expresses optimism about Uber Technologies Inc. (NYSE: UBER), suggesting it could become a trillion-dollar company in the future due to its aggressive investments in autonomous ridesharing and drone delivery markets [2]. Group 1: Company Developments - Uber has been investing heavily in the autonomous ridesharing market and recently partnered with Flytrex for drone delivery services [2]. - The company made a strategic investment of $375 million in autonomous driving firm Avride through a partnership with Nebius [2]. Group 2: Market Performance and Predictions - Cramer noted that Uber's stock has increased by 45% and predicts it could reach $200, encouraging investors to buy more shares [3]. - Cramer categorizes Uber as an "up stock," indicating a positive outlook compared to other stocks in the market [3].
Uber (UBER)’s An “Up Stock,” Says Jim Cramer