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Thoughts on Uber

Posted on 12/16/24 at 4:05 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
13612 posts
Posted on 12/16/24 at 4:05 pm
Researching uber. Price is down from the high of 86 and now trades for 60.

Revenue up for past 4 years 240%

P/E ratio 29 on past earnings. 23 on future estimates. It’s traded at 118 PE in the past.

Anyone got thoughts?
Posted by bayoubengals88
LA
Member since Sep 2007
21295 posts
Posted on 12/16/24 at 4:16 pm to
The online people really like it.
21 February calls are priced quite low.
Probably worth a look.
Posted by I Love Bama
Alabama
Member since Nov 2007
38308 posts
Posted on 12/16/24 at 4:18 pm to
I ask this without sarcasm.

How can you see the latest FSD release and still think Uber is a good long term buy?

What is the thought process?
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82231 posts
Posted on 12/16/24 at 7:29 pm to
Posted by Hookah
Member since Nov 2023
344 posts
Posted on 12/16/24 at 7:48 pm to
quote:

How can you see the latest FSD release and still think Uber is a good long term buy? What is the thought process?


Some people can’t see past their nose
This post was edited on 12/16/24 at 7:49 pm
Posted by OhioLSUfan
Columbus, OH
Member since Oct 2007
1665 posts
Posted on 12/16/24 at 10:52 pm to
quote:

How can you see the latest FSD release and still think Uber is a good long term buy?


My fav analyst - Josh Brown - thinks Tesla and or Waymo will partner with Uber once they start rolling out nationwide.
Posted by Dayman
Member since Sep 2015
724 posts
Posted on 12/17/24 at 5:37 am to
Sure. Ubers infrastructure is valuable. It’s not hard to see a scenario where a company utilizes their platform.

There’s also nothing preventing Uber from purchasing FSD vehicles to employ in their fleet.
Posted by SlidellCajun
Slidell la
Member since May 2019
13612 posts
Posted on 12/17/24 at 7:05 am to
(no message)
Posted by SlidellCajun
Slidell la
Member since May 2019
13612 posts
Posted on 12/17/24 at 7:08 am to
quote:

How can you see the latest FSD release and still think Uber is a good long term buy?


Swing and miss. (Again)

I never said it was a good long term buy.
Not even sure if it’s a good trade.

Watched a segment on tv about it and analyst made a case for it being a buy. Lots of other analysts feels the same way. There’s some talk about it being acquired. There’s talk about it joining with other tech companies for some interesting ideas.

If you think it’s a bad idea, that’s fine with me…

And did you actually downvote my OP?
Pathetic
This post was edited on 12/17/24 at 11:14 am
Posted by Methedup77
Member since Dec 2024
288 posts
Posted on 12/17/24 at 8:33 pm to
You’re much better off buying something that will go to $500 sooner than later. Like Reddit. I’ve already made 124% and it’s just getting started.
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