We recently compiled a list of the 7 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Uber Technologies, Inc. (NYSE:UBER) stands against the other stocks on Jim Cramer’s radar.
Jim Cramer, host of Mad Money, shared his thoughts on factors that could lead to market growth in 2025, pointing out some key changes that could benefit investors. He expressed optimism about the shift in leadership at the Federal Trade Commission (FTC) and the Justice Department, particularly with the departure of current FTC Chief Lina Khan, whom he criticized for her harsh stance on large businesses.
“The brooming of Biden’s antitrust regulators as the FTC and the Justice Department, that will be fabulous, fabulous for the market.”
READ ALSO Jim Cramer’s Game Plan: Top 14 Stocks to Watch and Jim Cramer Looked At These 7 Stocks Recently
According to Cramer, Khan’s approach was one of hostility toward any major business deal, regardless of the potential positive effects on the economy or on workers. He argued that with the removal of the old guard, a wave of deals could emerge that would help rationalize various industries.
This, in turn, would give smaller companies in sectors like banking, retail, entertainment, pharmaceuticals, and enterprise software a better chance to compete against larger corporations. Cramer was enthusiastic about the potential for these changes, stating, “Fantastic for the stock market. Just fantastic.”
Cramer also touched on an important issue in the market: a shortage of equities. He noted that the lack of available stock could lead to higher prices. He explained that mergers and acquisitions activity could help remove some of the available stock from the market, reducing supply and potentially driving up stock prices.
“Always remember the stock market is indeed a market and like any other market, when there’s not enough supply, you get higher prices.”
Moving on to the housing market, Cramer discussed the effects of overbuilding, like in Florida, where housing prices have been impacted. He explained that when mortgage rates rise, housing prices tend to drop. This price drop often leads to a wait-and-see approach from buyers, who hold out for even lower prices. As sellers grow more desperate, they typically lower prices further in a bid to move their properties.
“It’s called the cycle, although it hasn’t been operating normally for the last few years. I think 2025 will be the year the cycle reasserts itself and the Fed will win big on this one. Big enough to be able to cut rates slowly but cut nonetheless, which of course is what we need.”
Are you tired of waiting for unreliable public transportation or paying outrageous parking fees? Look no further than Uber! With just a few taps on your phone, you can have a safe and reliable ride at your doorstep in minutes.
But why stop at just using Uber occasionally? I want you to buy more Uber! By purchasing Uber gift cards or investing in a monthly ride pass, you can save money and time on all your transportation needs. Plus, with Uber’s commitment to safety and convenience, you can rest assured that you’re in good hands every time you ride.
So what are you waiting for? Say goodbye to the hassle of driving and hello to the convenience of Uber. Buy more Uber today and make your life easier and more enjoyable.
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