Stock market investors have been on a roller-coaster ride this year. In March, the benchmark S&P 500 was down by as much as 9% from its peak, only to recover all of its losses and set several new record highs in April. The volatility comes as investors try to price in the economic consequences of the ongoing tensions between the U.S. and Iran, which have triggered wild swings in oil and other commodities. But even with the S&P 500 trading at its best-ever level, not every individual stock has made a full recovery. Shares of Uber Technologies (UBER 2.83%) and CrowdStrike (CRWD +0.11%) are still down 24% and 17% from their respective peaks. Here's why investors might want to buy them both. Uber has a trillion-dollar opportunity in autonomous vehicles Uber operates the world's largest ride-hailing platform, in addition to highly successful food delivery and commercial freight businesses. Over 200 million people use its services every month, and their experience is about to change completely with the shift toward autonomous solutions. Uber has partnered with more than 20 companies developing self-driving vehicles. They include Alphabet's Waymo, which is already completing over 500,000 paid ride-sharing trips every week across 11 American cities, and Serve Robotics, which operates a fleet of 2,000 food delivery robots. NYSE: UBER Key Data Points In addition to providing a more convenient experience for users, autonomous vehicles will transform Uber's financial results. The company reported $193.4 billion in gross bookings last year, representing the dollar value of every ride, food order, and commercial delivery facilitated by its platform. But the 9.7 million human drivers in its network took home $85.4 billion, which was the single largest component of those gross bookings. After deducting other costs, like the money paid forward to restaurants for food orders, Uber's 2025
2 Glorious Growth Stocks to Buy Even With the S&P 500 at a Record High | The Motley Fool
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