Jim Cramer on Uber: "Another Company That's Fulfilling Its Grand Ambitions"

Uber Technologies, Inc. (NYSE:UBER) is one of the stocks Jim Cramer had in this week’s game plan. Cramer showed optimism toward the company’s stock doing well. He remarked:

“Hey, by the way, I feel the same way about Uber doing well, another company that’s fulfilling its grand ambitions.”

Uber Technologies, Inc. (NYSE:UBER) operates technology platforms connecting users with transportation, delivery, and freight services. The company provides ridesharing, food and retail delivery, and logistics solutions. A caller asked for Cramer’s advice on the stock during the July 23 episode, and he responded:

“Isn’t this interesting? Think about what you asked. This is the kind of thing that is fascinating to me. Now, Peter (the caller) asked, should he stay or should he sell? But you know what he should be doing? [buy, buy, buy] He should be buying. That’s the kind of skepticism I like, healthy skepticism, but the stock is worth buying right here.”

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