Here's Why Uber Technologies (UBER) is a Strong Growth Stock

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with higher scores indicating a better chance of outperforming the market [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] Value Score - The Value Score identifies attractive stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, targeting undervalued stocks [3] Growth Score - The Growth Score assesses stocks based on projected and historical earnings, sales, and cash flow, aiming to find companies with sustainable growth potential [4] Momentum Score - The Momentum Score focuses on price trends and earnings outlook changes, helping investors identify optimal entry points for stocks [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investment strategies [6] Zacks Rank Integration - The Zacks Rank, based on earnings estimate revisions, has shown that 1 (Strong Buy) stocks have an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [7] - Investors are encouraged to consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for the highest probability of success [9] Company Spotlight: Uber Technologies - Uber Technologies holds a Zacks Rank of 3 (Hold) and a VGM Score of A, making it a potential growth investment [11] - The company is forecasted to achieve year-over-year earnings growth of 11.2% for the current fiscal year, supported by a Growth Style Score of B [11] - Recent analyst revisions have increased Uber's earnings estimate for fiscal 2025 by $2.17 to $5.07 per share, with an average earnings surprise of +242.6% [12]