10 Best Stocks to Buy For Long Term Growth

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

Number of Hedge Fund Holders: 136

Ride-hailing company Uber Technologies, Inc. (NYSE:UBER) is working to improve the overall customer experience. During the quarter, the company launched all-electric Uber Green, an EV-only ride option in 40 cities globally with an EV preference feature in other markets. Other than that, the company recently introduced new features to make holiday customers happy with the service. UberXXL, a new feature, was launched by Uber on November 20 to facilitate incoming holiday travelers on Thanksgiving by offering extra trunk space and rides to and from nearly 60 airports across the globe.

The company is not just trying to satisfy customers. For drivers, Uber (NYSE:UBER) introduced an AI assistant that helps answer EV-related questions supported by an EV mentorship program. More recently, on October 3, Uber (NYSE:UBER) formed a partnership with ENSO, The Earthshot Prize Finalist, to launch a range of low-emission electric vehicle tires across the United Kingdom and the United States.

Uber Technologies, Inc. (NYSE:UBER) is making strides in electric and autonomous vehicles, while also maintaining its position as a leading ride-hailing cab service. Analysts are also bullish on the stock, and their 1-year median price target of $90 points to a 25% upside from current levels.