Uber (UBER)

Another great long-term hold. Trades relatively cheaply. Earns a lot of cash. Good job acquiring and rolling up. Autonomous cars will be a game-changer. Dominates all markets it's in.

Challenge will be competition from TSLA and Weymo. Once it reaches saturation, what can it do for its next trick? The law of diminishing returns might catch up with it. With partnerships, it can maintain its hold on pricing power. Fundamentals are good. 

His one knock against the company is an ethical one -- wishes it would treat its drivers better. It should follow the model of COST.

It's been sideways. He sold some shares. A quality company and shares have momentum. It needs a catalyst.

Prefers it to Lyft. Uber is very cheap now.

They have millions of entrenched customers, plus Uber Eats. They have global presence and are capital-lite. Their platform can spawn other businesses like ads, which would be huge. Also, they have a great balance sheet.

She's traded it a few times. Moved from a high-growth story to one of profitability & efficiency, and that's changed how the market sees it. She sees autonomous driving as the big opportunity, as it's the network to monetize the demand.

Stock got a lift from Rivian partnership. Q4 was a beat, ride-hailing is up 19%, delivery up 30% YOY. Good story, likes it. Sober valuations. 

But this is a tough market. Other names are more attractive. Buy now? No. Hold? Absolutely, and add at lower levels.

Got hit on fears that AI was going to destroy everyone's business. Totally autonomous is a ways away. Has the customer base. Drop is considerable, great buying opportunity.

Has had a rough ride. It's a stock for the future. Long-term, will participate in food delivery and self-driving cars. Is trading cheaply. A good time to buy.

They used it for a trade and have moved on. People are worried about impact of autonomous driving -- doesn't think the system will change all that rapidly. Autonomous cars are very expensive. Uber's model is great in that drivers bear the costs.

Reasonable valuation. Management's done a good job. If you're a long-term investor, should be a good player and survive.

Drawdown related to AI pressures on software. Looks relatively compelling, but think twice about what you're trying to get from the stock. A growthy stock, tends to be volatile. Great business, outlook looks fairly reasonable.

Can use AI to leverage benefits of its business.

He's been selling it. Is frustrated. Has yet to see robotaxis turn a profit. When he bought it, Uber had little competition in this area, but not anymore.

Nice run 2023-24, and then perhaps the market decided to focus elsewhere. Not every company works every single year. 

Has caught his eye with the pullback. Everyone uses it, but there's concern about the next 10-20 years with autonomous vehicles. Market is nitpicking, while missing some terrific earnings. Printing cash, ~20x PE. On his watchlist.

Good ideas always attract competition, in this case self-driving taxis. There will be a much larger market for ride-sharing with self-driving cars. Evne if Uber owns a piece of that market, Uber will thrive.

Good ideas always attract competition, in this case self-driving taxis. There will be a much larger market for ride-sharing with self-driving cars. Evne if Uber owns a piece of that market, Uber will thrive.