Thoughts about UBER

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After the recent noise in the market, the stocks look attractive based on historical valuations and FCF yield + growth outlook. Thoughts on the stock and if it’s a good purchase in your opinion? Thanks

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Asked on December 14, 2024 2:21 pm
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Company has been on my radar for a while and I've been waiting for a dip.

There is concerns here from an autonomous vehicle front. The difficulty here would be whether these AV systems would rather operate on their own rather than work with Uber.

Bookings are still growing at a mid double digit CAGR and as you mentioned FCF yields are approaching 5%. I do believe we could sink lower here but for a long term buy and hold I don't mind people adding at this level either.

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Posted by Dan Kent
Answered on December 16, 2024 8:37 am
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