The S&P 500 is going through a rough patch after years of strong growth. With uncertainty over global trade and the US economic situation, the S&P 500 index has increased by more than 7% in a single month.
However, this period of uncertainty also presents a great opportunity to buy good stocks at cheap prices. With that in mind, the two stocks which has the potential to grow are these:
Uber Technologies (UBER) is a big name with a presence in pretty much every other country. From mid-October 2024 till today, the Uber Technologies (UBER) stock has declined by more than 13%.
quick look at the past results shows that Uber has consistently managed strong growth over the years. The revenue in 2024 increased by 18% y/y and reached $44 billion.
Similarly, the total active customers of Uber were around 171 million in December 2024. By the end of 2025, this number is expected to grow even further.
According to estimates, the operating profit of the Uber will cross $10 billion mark by the end of year 2027.
Nvidia has declined so much that it is now at the right price range to buy for the long term. The Nvidia stock has shed more than 24% in the last 2 months.
But after reaching the $111 price, it seems the time has come to end the uncertainty over Nvidia.
But despite the short-term setback, there's no doubt that Nvidia is a strong company with a proven track record of growth. Also, the chips made by Nvidia are integral to the AI field.
The only thing worth worrying about is that 13% of Nvidia's revenue comes from China. With more strict trade restrictions, that revenue could take a hit.
Despite all of this, Nvidia is a strong company and totally worth buying for the long term. Also, the AI is now moving to the next stage, which requires more computing power. And, there's no better company to fill this gap than Nvidia.