Uber (UBER)

Rough ride along with the market. Good component of a portfolio, given all the tariff situations. Part of the issue is that the market incorrectly looks at autonomous driving as having one winner and the rest losers. See his blog at goodreid.com under Insights.

Like Tesla, they need to get to self-driving cars and to be the first there. It's anyone's guess if they do. It's okay to hold a small amount, but not a lot.

Tesla's reputation has taken a hit this year due to Musk's highly polarizing involvement with Trump. This has taken the robotaxi story off the table, allowing Uber to roar. But robotaxis were never a threat to Uber in the first place.

Has grown cashflows, very encouraging. Taking share from LYFT. Over several years stock's been volatile, but hasn't done that much due to looming robotaxis and autonomous vehicles. If that picks up steam, competitive dynamics change; UBER would move from handling both supply and demand, to being just one of many suppliers chasing demand.

Multiple's come down, showing good fundamentals. Watch the space. Waymo has no experience in the space, whereas Uber's really well positioned. That partnership will work well at first, but it's the future he's concerned about.

Is held back by a misconception that ride-sharing and autonomous driving will dislocate Uber. Wrong. Uber already partners with Waymo, so will participate in that. Uber is undervalued.

Sitting now atop its 50- and 200-day moving averages and finding support.

Valuation keeps him out. Some plays you just miss. Amazed by how well it's navigated competition and expanding delivery services. Management's done an outstanding job. 

He sold some shares a few weeks ago. Good news is that robo-taxis won't happen for a while. Bad news is that robo will cost somebody more, and he can't figure out the economics, but will slow down growth.

Revenues are up $6.8 billion in a strong quarter. Gross bookings were up and are converting cash flow. He remains bullish.

Hit all its numbers. Q4 was a modest beat. 21x PE for 2026, growing at 28%. One of the best techy names out there, and the aggregator of all the autonomous vehicles in the system. He'd look to buy more.

Great, high-quality business. Very profitable, with 40% gross margins. Growing ~15% a year. Valuation reasonably expensive at 32x forward PE. If you own, hold. In a pullback, one to potentially put on your buy list.

It has two scenarios, a ride-hail program and robo taxis. Robo taxis could begin to create their own customer base. Waymo is giving competition. Ride-hailing is only half their business with Uber Eats and freight being the other. Uber Eats involves a rapidly growing advertising business

There's momentum here which will drive shares higher. That are executing, though it was smoother last year.  Nobody talks about the costs of operating self-driving cars, like insurance, though.

Selling a cash-covered put means you have money to buy this stock, then pick a level to enter. So, sell the April $75 put for $4. Uber is doing very well, trading at a good PE and they have a large car network. Growth lies ahead. Enter by selling puts.

WIll robotaxis form part of their passenger network along with regular cars, or will robos form their own customer base and compete with Uber? Competitor, Waymo already operates in San Francisco and is expanding to cities like Atlanta and Miami. This news has hit Uber shares. Remember that freight Uber Eats makes up half of Uber's business. Would consider this at 24x PE and growing 15% topline. The robo threat exists, but won't impact Uber for years.