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Benzinga
19 days

Jim Cramer Says Uber Is Going To $200, Recommends Buying It

1. Jim Cramer predicts Uber will reach $200, recommending to buy now. 2. Uber and WeRide launch Robotaxi services in Abu Dhabi. 3. Uber shares gained 0.6%, closing at $87.64. 4. The partnership may enhance Uber's market presence in autonomous vehicle sector. 5. Cramer's bullish stance may boost investor confidence in UBER.

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FAQ

Why Bullish?

Cramer's optimistic forecast can elevate investor sentiments, historically impacting stocks. For instance, similar endorsements led to price surges in other tech stocks.

How important is it?

The article discusses significant endorsements and new service launches that directly impact UBER’s growth potential.

Why Short Term?

Cramer's statements and service launches can cause immediate market reactions, seen with past Uber news affecting stock prices quickly.

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