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24x7Report > Blog > Finance > Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?
Finance

Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?

Last updated: 2026/06/11 at 12:01 AM
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Is Uber (UBER) One of the Best NYSE Stocks to Buy for Long-Term Investment?
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Uber Technologies, Inc. (NYSE:UBER) is one of the best NYSE stocks to buy for long-term investment Reuters reported on June 1 that Uber Technologies, Inc. (NYSE:UBER) and Israel-based Autobrains announced on Monday plans to launch a robotaxi ‌programme in Munich in collaboration with Nvidia. The collaboration marks a push to boost autonomous ride-hailing ​in Europe, and aims at combining Uber’s mobility network ​with Autobrains’ “agentic AI” driving system, ​running on Nvidia’s Drive Hyperion platform. The program is designed to expand robotaxi services beyond isolated pilots through the creation of an “OEM-agnostic” model capable of operating across various urban markets and vehicle platforms. Autobrains’ ⁠system breaks driving into specialised decision-making agents, which allows ​real-time responses through standard ​automotive ⁠sensors.

Uber Technologies (UBER) - Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio
Uber Technologies (UBER) – Among the 10 Best Stocks to Buy Now for a $1 Million Portfolio

It further reported that, pending regulatory approval, Munich will serve as the ​first deployment city. Reuters stated that the city has emerged as a testing ground for autonomous mobility, as Uber Technologies, Inc. (NYSE:UBER) itself announced plans to initiate self-driving trials there from 2026.

Uber Technologies, Inc. (NYSE:UBER) operates as a technology platform that offers ride services and merchant delivery service providers for food, groceries, meal preparation, and other delivery services. The company’s operations are divided into Delivery, Mobility, and Freight. It is pioneering the introduction of autonomous vehicles to move people and goods more reliably, efficiently, and affordably.

While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

See also  Stocks making the biggest moves midday: PD, DELL, TSLA

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.

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TAGGED: Buy, Investment, longterm, NYSE, stocks, Uber

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