Jim Cramer Notes He Has "Great Ambitions for Uber"

Uber Technologies, Inc. (NYSE:UBER) is one of the stocks on Jim Cramer’s radar. Noting that the stock is getting close to $100, a caller inquired if Cramer sees it going beyond that. In response, Cramer commented:

“I think that Uber, we’re going to look at the fundamentals, and the fundamentals are excellent. I don’t think it’s going to be contained by $100. I have great ambitions for Uber in my head and think it’ll be up for multiple years, and you should own the stock.”

Uber (NYSE:UBER) builds technology platforms that connect users to transportation, delivery, and freight services. The company provides everything from ridesharing and rentals to food delivery and logistics solutions. On June 6, a caller stated that people are unnecessarily concerned about Uber’s (NYSE: UBER) autonomous driving. Cramer responded:

“I agree with you, especially with the setback of Elon. Look, I gotta tell you, I’m so with you… You and I, we are so simpatico…. I think your question and answer on Uber is yes, it goes higher…”

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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.