Uber: Why It Is Time To Downgrade

Ivan Pantic/E+ via Getty Images It is time to downgrade Uber (UBER). The company has proven the doubters wrong - and the stock has taken off in tandem. The company capitalized on the pandemic to increase the synergistic power of its ridesharing and food delivery ecosystem, leading to improved competitive positioning in relation to its closest ridesharing peer. The company has held on to its profitability gains and continues to show operating discipline. Together with its solid balance sheet, the company app ...