Zacks Investment Ideas feature highlights: Uber Technologies, Tesla and Micron

Zacks02-03 16:45

For Immediate Release Chicago, IL – February 3, 2025 – Today, Zacks Investment Ideas feature highlights Uber Technologies, Inc. UBER, Tesla TSLA and Micron Technology, Inc. MU. 2 Tech Stocks to Buy on...

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MU.\n2 Tech Stocks to Buy on...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-084500447.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zacks Investment Ideas feature highlights: Uber Technologies, Tesla and Micron</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZacks Investment Ideas feature highlights: Uber Technologies, Tesla and Micron\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-03 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-084500447.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For Immediate Release\nChicago, IL – February 3, 2025 – Today, Zacks Investment Ideas feature highlights Uber Technologies, Inc. UBER, Tesla TSLA and Micron Technology, Inc. MU.\n2 Tech Stocks to Buy on...</p>\n\n<a href=\"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-084500447.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2264538146.SGD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/zacks-investment-ideas-feature-highlights-084500447.html","article_id":"2508115380","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508115380","pubTimestamp":1738572300,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Chicago, IL – February 3, 2025 – Today, Zacks Investment Ideas feature highlights Uber Technologies, Inc. UBER, Tesla TSLA and Micron Technology, Inc. MU.2 Tech Stocks to Buy on the Dip for +35% and +50% Upside. Artificial intelligence stocks went on sale earlier this week after the massive one-day DeepSeek selloff. Wall Street started buying some of the hardest-hit AI ecosystem stocks after shaking off the initial DeepSeek shock in favor of a more pragmatic, wait-and-see approach.See the Zacks Earnings Calendar to stay ahead of market-making news.The selloff allowed investors and traders who missed the massive runs from the AI trade to buy stocks at prices and valuations they were trading at months ago.Some AI-focused stocks including Oklo already clawed back most of their losses in the blink of an eye, leaving investors looking for other tech stocks and AI names to buy on the dip heading into February.The ride-hailing giant’s earnings are set to skyrocket 113% to $1.85 a share in FY2","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","BK4516":"特朗普概念","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4592":"伊斯兰概念","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4534":"瑞士信贷持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4566":"资本集团","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","TSLL":"Direxion Daily TSLA Bull 2X Shares","MU":"美光科技","UBER":"优步","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4543":"AI","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","BK4588":"碎股","BK4141":"半导体产品","TSLA":"特斯拉","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSYW.SI":"TESLA 3xLongSG261006","LU0234572021.USD":"高盛美国核心股票组合Acc"},"translate_title":"Zacks Investment Ideas特色亮点：优步科技、特斯拉和美光科技","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UBER":1,"TSLL":1,"TSLA":1,"MU":1,"TSYW.SI":0.6},"content_text":"For Immediate Release\nChicago, IL – February 3, 2025 – Today, Zacks Investment Ideas feature highlights Uber Technologies, Inc. UBER, Tesla TSLA and Micron Technology, Inc. MU.\n2 Tech Stocks to Buy on the Dip for +35% and +50% Upside\nArtificial intelligence stocks went on sale earlier this week after the massive one-day DeepSeek selloff. Wall Street started buying some of the hardest-hit AI ecosystem stocks after shaking off the initial DeepSeek shock in favor of a more pragmatic, wait-and-see approach.\nSee the Zacks Earnings Calendar to stay ahead of market-making news.\nThe selloff allowed investors and traders who missed the massive runs from the AI trade to buy stocks at prices and valuations they were trading at months ago.\nSome AI-focused stocks including Oklo already clawed back most of their losses in the blink of an eye, leaving investors looking for other tech stocks and AI names to buy on the dip heading into February.\nToday we dig into why investors and traders should consider buying Uber and Micron stock at deep discounts. Uber trades 35% below its average Zacks price target, while MU sits 50% below its target.\nIs Uber Stock a Must-Buy Down Almost 25% from its Highs?\nUber Technologies, Inc. has tumbled 23% from its October highs, spurred by ‘disappointing’ Q3 gross bookings (+16% to miss estimates by 0.6%). Wall Street is also worried Tesla and others will dominate the robotaxi and autonomous driving future.\nUber’s selloff might be overdone at this point for a variety of reasons, offering investors a chance to buy the tech stock on the dip with its earnings due out on Wednesday, February 5.\nTesla’s robotaxi dreams have yet to materialize. More importantly, Uber will play a significant role in the driverless vehicle revolution across ride-hailing, delivery, and freight/trucking via various partnerships.\nUber’s earnings growth outlook is stellar as it transforms into a stable growth firm set to churn out profits. Uber’s core businesses, ride-hailing and delivery, are especially popular with higher-income consumers who continue to spend despite lingering inflation concerns.\nUber last quarter expanded its multi-year strategic partnership with Waymo to “bring autonomous ride-hailing to Austin and Atlanta, only on Uber.” Uber also announced “five new autonomous partnerships across Mobility and Delivery with Cruise, Coco, Wayve, WeRide, and Avride.”\nUber on January 6 announced a “joint initiative” with Nvidia to accelerate the development of AI-powered autonomous driving technology.\nUber is projected to grow its revenue by 17% in FY24 and 16% in 2025 to reach $50.70 billion—vs. $13 billion in pre-Covid 2019.\nUber’s gross bookings are projected to expand by 18%, roughly matching 2023’s 19% expansion. The company is expected to grow its monthly active platform consumers by 11% to 166 million in 2024.\nThe ride-hailing giant’s earnings are set to skyrocket 113% to $1.85 a share in FY24 and then jump 29% in 2025. This expected growth comes after Uber posted its first full-year profit as a public company in 2023 by expanding its ride-hailing and delivery businesses while streamlining its operations.\nUber’s earnings outlook has dipped heading into its release. But it crushed our EPS estimate by 192% last quarter and 52% in Q2.\nUber stock has soared 215% off its 2022 lows, posting multiple new highs in 2024. Despite the run, Uber has traded sideways over the past 12 months as it swung wildly. At $66.59 a share, Uber trades 36% below its average Zacks price target and nearly 25% from its October records.\nUber is back above its 50-day moving averages after it found buyers near its 2021 highs and its previous 2024 lows. Uber’s shorter-dated 21-day moving average just crossed above its 50-day, which is a bullish sign.\nUber offers 61% value compared to the Zacks Tech sector with a price/earnings-to-growth or PEG ratio of 0.74.\nEven though Uber has dropped nearly 25% from its highs, 37 of the 46 brokerage recommendations Zacks has are “Strong Buys,” with zero sells. On top of that, Uber is committed to returning more value to shareholders via a $7.0 billion share repurchase plan.\nWhy AI Chip Stock Micron is a Must-Buy Down 40% from Its Highs\nMicron Technology, Inc. stock plummeted following its disappointing Q1 fiscal 2025 results and guidance on December 18. The historically cyclical memory chip powerhouse is trading 40% below its June 2024 records as Wall Street recalibrated the stock after it got overheated and saw its EPS outlook fade.\nDespite the near-term pessimism, 24 of the 29 brokerage recommendations Zacks has for Micron are “Strong Buys.” The selling represents a wonderful opportunity for traders and longer-term investors to buy Micron stock.\nMU jumped 4% on Thursday after finding support near its 52-week lows, its long-term 50-month moving average, and its 2021/2022 peaks. Micron’s bounce pushed it above its 21-month moving average as it still trades at some of its lowest RSI levels of the last five years.\nMicron stock is volatile but it roared 960% higher in the past 15 years, leaving its industry’s 85% and Tech’s 660% run in the dust. MU has climbed just 75% in the last five years, dragged down by its second-half of 2024 tumble.\nAt $92.50 a share, Micron trades 49% below its average Zacks price target. On the valuation front, Micron trades near its 10-year median at 10.9X forward 12-month earnings, representing 60% value compared to the Zacks Tech sector and a 40% discount to its industry.\nThe recent selloff came even though its AI growth remains stellar. Micron’s AI-heavy data center revenue skyrocketed 40% sequentially and over 400% YoY in its most recent quarter, helping data center sales surpass 50% of its total revenue for the first time.\n“We continue to gain share in the highest margin and strategically important parts of the market and are exceptionally well positioned to leverage AI-driven growth,” CEO Sanjay Mehrotra said in prepared remarks.\nMicron has predicted AI will drive record memory chip demand, and it’s a key supplier of memory chips for Nvidia’s industry-leading AI processors. MU is projected to grow its revenue by 41% in FY25 and 31% in FY26 to reach roughly $46 billion—adding $20 billion to the top line between its FY24 and FY26.\nMicron is projected to grow its adjusted earnings by 430% in FY25 and 59% next year. This growth outlook includes Micron's wave of downward EPS revision since its December release, with its FY25 consensus 20% lower and FY26 13% off the pace.\nThankfully, its current negative earnings revisions have largely been priced into Micron stock.\nWhy Haven't You Looked at Zacks' Top Stocks?\nSince 2000, our top stock-picking strategies have blown away the S&P's +7.0 average gain per year. Amazingly, they soared with average gains of +44.9%, +48.4% and +55.2% per year.\nToday you can access their live picks without cost or obligation.\nSee Stocks Free >>\nMedia Contact\nZacks Investment Research\n800-767-3771 ext. 9339\nsupport@zacks.com\nhttps://www.zacks.com\nPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nTesla, Inc. (TSLA) : Free Stock Analysis Report\nUber Technologies, Inc. (UBER) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2508115380"}