Investors love technology stocks, as their rapid growth and market momentum are undeniably attractive. And for those interested, these three could be great considerations, all boasting improved earnings outlooks.
Shares of Uber Technologies (NYSE: UBER) were stuck in a rut today as the transportation specialist seemed to take a hit from a legal dispute in the European Union (EU) as the company threatened to pull its drivers out of that region, pending a new legal requirement. The EU is currently negotiating a proposal that would designate gig workers, like Uber drivers, as de facto employees. The news is familiar to Uber and its shareholders: The company has been fighting with jurisdictions since its early days over the classification of its drivers, whom it considers contractors.
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