Uber, Rivian, and Oracle may be undervalued stocks
Investors are cautious about buying stocks due to recent market volatility, including high inflation and interest rates. Despite this, some stocks are seen as undervalued, including Uber, Rivian, and Oracle. Uber has shown significant growth since 2020, with user trips and revenue increasing sharply. It became profitable in 2023 and is expected to continue growing, making its current valuation attractive. Rivian, an electric vehicle maker, faced challenges in 2024 but anticipates growth in deliveries and revenue through 2027. Oracle has transformed into a cloud services leader, expecting substantial revenue growth from its cloud offerings and AI tools.